# The Arora Report Stock Market News > Original News Reporting and Insights to Help You Generate Wealth --- ## Posts - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-260214/) - [2218% GAIN ON AMAT — BLOWOUT EARNINGS CONFIRM STRENGTH IN SEMICONDUCTOR EQUIPMENT — TARGET INCREASED](https://blog.thearorareport.com/amat-260213/) - [TO BALANCE AI HEAVY PORTFOLIOS SMART MONEY QUIETLY SHIFTING INTO FOREIGN MARKETS – TECH STOCKS UNDERPERFORM](https://blog.thearorareport.com/foreign-markets-260212/) - [BLOWOUT JOBS REPORT DRIVES STOCK MARKET TO MAGNET, IRAN RISK, BITCOIN WHALES STEPPING IN](https://blog.thearorareport.com/jobs-report-260211/) - [TECH STOCKS ADOBE AND SALESFORCE BEATEN BY WALMART AND HERSHEY - FOBO (NOT FOMO) HITS TECH HEAVY PORTFOLIOS HARD](https://blog.thearorareport.com/tech-portfolios-260210/) - [CHINA WARNING HAMPERS BUDDING STOCK MARKET RALLY BUT HELPS GOLD; PAY ATTENTION TO HISTORIC TAKAICHI WIN](https://blog.thearorareport.com/china-260209/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-260207/) - [ON A FURTHER DIP QUALCOMM INC (QCOM) WILL BECOME A BUYING OPPORTUNITY](https://blog.thearorareport.com/qualcomm-inc-260206/) - [GOOGLE JAW DROPPING CAPEX – AI STORY HAS MORE GAS; UNSTABLE MARKET STRUCTURES HIT SILVER, GOLD, BITCOIN, AND STOCKS](https://blog.thearorareport.com/goog-260205/) - [UNSTABLE MARKET STRUCTURES; $300B ERASED ON AI DISRUPTION FEARS; IS AI AGENTFORCE GOING BUST?](https://blog.thearorareport.com/crm-260204/) - [PALANTIR’S AI REVENUES SURGE, DATA CENTERS IN SPACE, SURPRISE PICK UP IN MANUFACTURING, INDIA DEAL](https://blog.thearorareport.com/palantir-260203/) - [MARGIN CALLS, NEGATIVE GAMMA, AND BUY THE DIP FORM UNSTABLE STRUCTURES IN GOLD, SILVER, BITCOIN, AND STOCKS](https://blog.thearorareport.com/margin-calls-260202/) - [TRUMP PICKED HAWK FOR EASIER POLICY – NOT A CONTRADICTION, BRILLIANCE PRUDENT INVESTORS NEED TO UNDERSTAND](https://blog.thearorareport.com/trump-260130/) - [GOLD AND OIL ROCKET ON SHORT SQUEEZE AND ‘MASSIVE ARMADA’ NEAR IRAN, COPPER BREAKS OUT](https://blog.thearorareport.com/iran-260129/) - [TRUMP DRIVES THE DOLLAR LOWER – GOLD, SILVER, AND STOCKS HIGHER; MEMORY SUPERCYCLE – MICRON ROCKETS](https://blog.thearorareport.com/trump-260128/) - [WHEN A BIOTECH SAYS NO TO $30B PAY ATTENTION — BUYOUT TARGET](https://blog.thearorareport.com/rvmd-260127/) - [YEN SURGE DRIVES GOLD AND SILVER HIGHER BUT WEIGHS ON STOCKS, IMPORTANT EARNINGS AHEAD](https://blog.thearorareport.com/yen-surge-260126/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-260124/) - [MONEY FLOWS OUT OF CRYPTO INTO SILVER, STOCK RALLY STALLS ON HAWKISH BOJ, HOTTEST IPO AHEAD](https://blog.thearorareport.com/hawkish-boj-260123/) - [INTEL ROCKETS AS WALL STREET WAKES UP TO CPU DEMAND, STRONG ECONOMIC DATA, GREENLAND RELIEF RALLY](https://blog.thearorareport.com/intel-260122/) - [286% GAIN ON COPPER PRODUCER TASEKO MINES (TGB) – BRINGING COPPER PRODUCTION BACK TO THE U.S.](https://blog.thearorareport.com/taseko-mines-260121/) - [TAKAICHI FOLLY AND TRUMP AMBITION TRIGGER STOCK MARKET SELL OFF, CHAGOS ISLANDS ‘STUPIDITY’](https://blog.thearorareport.com/takaichi-folly-260120/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-260117/) - [SILVER, NVIDIA, AND META: HEDGE LIKE A PRO NOT LIKE YOU'RE PANICKING](https://blog.thearorareport.com/hedge-like-a-pro-260116/) - [BIG BANKS ARE HUGE BENEFICIARIES OF AI'S SECOND ACT](https://blog.thearorareport.com/ai-second-act-260115/) - [PROFITING WITHOUT GUESSWORK: THE BOEING TRADE AROUND ROADMAP](https://blog.thearorareport.com/boeing-260114/) - [DICHOTOMY BETWEEN THE STOCK MARKET MOMO CROWD AND GOLD INVESTORS, AGGRESSIVE BUYING ON LOWER CORE CPI](https://blog.thearorareport.com/jpm-260113/) - [1730% GAIN ON APPLIED MATERIALS INC (AMAT) — RAISING TARGET ZONE](https://blog.thearorareport.com/amat-260112/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-260110/) - [MOTHER OF ALL REPORTS UNDERSHOOTS, META’S NUCLEAR PLAN, TRUMP’S $200B MORTGAGE BUY](https://blog.thearorareport.com/metas-nuclear-plan-260109/) - [TRUMP WANTS DREAM MILITARY – WHIPSAWS DEFENSE STOCKS, CHINA TO APPROVE H200 BUT NVIDIA WANTS CASH UPFRONT](https://blog.thearorareport.com/nvidia-h200-260108/) - [NVIDIA TRIGGERS MANIA IN MICRON AND SANDISK, MOMO LOSES IN CHEVRON EUPHORIA, SUPREME COURT TARIFF DECISION AHEAD](https://blog.thearorareport.com/chevron-euphoria-260107/) - [NVIDIA’S THINKING CAR TECH TO CHALLENGE TESLA, ARORA MARKET CALL ON VENEZUELA VALIDATED](https://blog.thearorareport.com/nvidia-260106/) - [VENEZUELA WINNERS ARE 12 STOCKS & 1 ETF – LOSERS ARE 2 STOCKS AND CHINA; GOLD & SILVER WIN; NVIDIA KEYNOTE](https://blog.thearorareport.com/venezuela-260105/) - [WALL STREET CROWDED ON THE SAME SIDE OF THE BOAT AS 2026 BEGINS, FRONT RUNNING BLIND MONEY IN THE STOCK MARKET](https://blog.thearorareport.com/spy-260102/) - [OPPORTUNITIES AND PERILS – ALL PRUDENT INVESTORS NEED TO PAY ATTENTION TO PRICE ACTION IN SILVER](https://blog.thearorareport.com/silver-futures251229/) - [CONGRATULATIONS! SOFTWARE COMPANY CLEARWATER ANALYTICS HOLDINGS INC (CWAN) BECOMES 222ND BUYOUT OF AN ARORA PORTFOLIO COMPANY](https://blog.thearorareport.com/222nd-buyout-251222/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-251220/) - [BANK OF JAPAN RAISES INTEREST RATE TO HIGHEST SINCE 1995, FLAWED INFLATION DATA, ORACLE TIKTOK DEAL](https://blog.thearorareport.com/japan-interest-rate-251219/) - [BETTER THAN EXPECTED INFLATION DATA, BULLISH MICRON PROJECTIONS BRING BUYING IN AI TRADE](https://blog.thearorareport.com/micron-251218/) - [BUYING IN GOLD, OIL, AND DOLLAR ON VENEZUELA BLOCKADE, SILVER HITS RECORD, FED CREDIBILITY AT RISK](https://blog.thearorareport.com/fed-credibility-251217/) - [ANEMIC WAGE GROWTH BUT GOOD RETAIL SALES, OIL AND DEFENSE STOCKS FALL](https://blog.thearorareport.com/retail-sales-251216/) - [HOW TO INVEST IN THE NEXT WAVE OF GLOBAL GROWTH](https://blog.thearorareport.com/global-growth-251215/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-251213/) - [NEW BUY ZONES ON STRATEGIC ETFS — PRECISION ENTRIES FOR TODAY'S MARKET](https://blog.thearorareport.com/new-buy-zones-251212/) - [A NEW IDEA ON HSA CUSTODIAN HEALTHCAREQUITY INC (HQY) — REPUBLICAN HEALTHCARE BILL — BUYOUT TARGET](https://blog.thearorareport.com/hqy-251211/) - [ORACLE EARNINGS WILL BE A TELL ON DEBT FUELED AI TRADE, GLOBAL YIELDS TO 16 YEAR HIGH AHEAD OF FED CUT](https://blog.thearorareport.com/oracle-251210/) - [MORE OPPORTUNITIES AHEAD — CONGRATULATIONS! AI DRIVES 33% GAIN ON CONFLUENT CFLT IN A SHORT TIME — 221ST BUYOUT OF AN ARORA PORTFOLIO COMPANY — TAKE PROFITS](https://blog.thearorareport.com/cflt-buyout-251209/) - [GOOD EARNINGS FROM MEDICAL DEVICE MAKER COOPER COMPANIES INC COO — NEW BUY ZONE AND RAISED TARGET — BUYOUT TARGET](https://blog.thearorareport.com/coo-251208/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-251206/) - [BIG INVESTORS RUSHING TO HEDGE CREDIT RISK FROM AI SPENDING BINGE – RETAIL INVESTORS OBLIVIOUS](https://blog.thearorareport.com/ai-spending-binge-251205/) - [TRADING SOFTWARE STOCKS, QUANTUM ETFS, AND CURRENCIES](https://blog.thearorareport.com/quantum-computing-251204/) - [YEN CARRY TRADE HOLDS 10%-20% AI CORRECTION RISK, SILVER TO HIT $70](https://blog.thearorareport.com/yen-carry-trade-251203/) - [MOMO CROWD BUYING AI STOCKS AND BITCOIN, RED ALERT AT OPENAI](https://blog.thearorareport.com/ai-stocks-251202/) - [SILVER BREAKS OUT IN A SHORT SQUEEZE, RISING YIELDS IN JAPAN HITS STOCKS AND BITCOIN](https://blog.thearorareport.com/silver-breaks-out-251201/) - [GOOGLE DEAL WITH META IS BAD NEWS FOR NVIDIA, RATE CUT PROBABILITY RISES, HOLIDAY SCHEDULE](https://blog.thearorareport.com/nvidia-251125/) - [GOOGLE GEMINI BEATING CHATGPT IS A PROBLEM FOR NVIDIA, RENEWED HOPE OF A RATE CUT AND POSITIVE SEASONALITY](https://blog.thearorareport.com/gemini-251124/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-251122/) - [STELLAR NVIDIA EARNINGS NO MATCH FOR CRYPTO MARGIN CALLS AND RISING YIELDS IN JAPAN HURTING THE CARRY TRADE](https://blog.thearorareport.com/crypto-margin-calls-251121/) - [NVIDIA BLACKWELL SALES OFF THE CHART, CONSUMER SEEKING VALUE DRIVE WALMART EARNINGS](https://blog.thearorareport.com/nvidia-251120/) - [WHAT TO DO WITH 39 POPULAR STOCKS — NEW BUY ZONES AND TARGETS](https://blog.thearorareport.com/new-buy-zones-251119/) - [NVIDIA EARNINGS WILL DETERMINE MARKET DIRECTION, HOME DEPOT SHOWS CONSUMER WEAKNESS, CHINA JAPAN FLARE UP](https://blog.thearorareport.com/nvidia-earnings-251118/) - [MINDLESS DIP BUYERS SAVE THE STOCK MARKET – HINDENBURG OMEN APPEARS](https://blog.thearorareport.com/hindenburg-omen-251117/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-251115/) - [TECH STOCKS TUMBLE ON FEAR FED MAY NOT DO THE WRONG THING, $870M BITCOIN ETFS OUTFLOWS](https://blog.thearorareport.com/fed-feer-251114/) - [COULD YOU HAVE SEEN ELI LILLY'S (LLY) RALLY COMING? HERE'S HOW WE DID.](https://blog.thearorareport.com/lly-251113/) - [AMD WANTS TO TAKE AI SHARE AWAY FROM NVIDIA, BUYING ON GOVERNMENT OPEN CONTINUES, FED DIVIDED](https://blog.thearorareport.com/amd-251112/) - [CONGRATULATIONS! BIOTECH COMPANY METSERA (MTSR) BUYOUT BY PFIZER (PFE) BECOMES 217TH ARORA PORTFOLIO BUYOUT](https://blog.thearorareport.com/217-buyouts/) - [AGGRESSIVE STOCK BUYING ON OPTIMISM OF THE GOVERNMENT OPENING DESPITE SLOWING TSM SALES, GOLD SURGES](https://blog.thearorareport.com/spy-251110/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-251108/) - [NASDAQ DIPS INTO CRITICAL SUPPORT ZONE, SENTIMENT SHIFTS](https://blog.thearorareport.com/support-zone-251107/) - [HUMAN LEVEL ARTIFICIAL GENERAL INTELLIGENCE ALREADY HERE, TAXING AI AGENTS, INVESTORS CELEBRATE TRUMP’S ROUGH DAY](https://blog.thearorareport.com/ai-agents-251106/) - [MAKING A FORTUNE WITH THE JANUARY EFFECT — POTENTIALLY MAKE 30% GAIN IN THREE MONTHS](https://blog.thearorareport.com/january-effect-251105/) - [MAG 7 CATCH UP TO PUSH RALLY INTO 2026, JANUARY EFFECT'S 30% UPSIDE POTENTIAL](https://blog.thearorareport.com/january-effect-251104/) - [BUFFETT SELLS STOCKS – HERE IS WHAT PRUDENT INVESTORS SHOULD DO NOW, OPEC+ CHANGES STANCE](https://blog.thearorareport.com/buffett-251103/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-251101/) - [245% GAIN ON CANCER DETECTION COMPANY GH – ANOTHER 1000% GAIN POTENTIAL – BUYOUT TARGET](https://blog.thearorareport.com/gh-251031/) - [POWELL THROWS COLD WATER ON MOMO GURUS’ NARRATIVE](https://blog.thearorareport.com/powell-251030/) - [NVIDIA SHOCKS STOCK MARKET AND SHARES SOAR AS TRUMP FUELS HOPES OF CHINA BLACKWELL SALES, BUYING AHEAD OF FED](https://blog.thearorareport.com/nvda-251029/) - [EPI, SMIN, GLIN: IMPLICATIONS FOR INDIA OF RUSSIAN OIL SANCTIONS](https://blog.thearorareport.com/india-251028/) - [DON’T MISS THE NEXT BIG BUYOUT — THE ARORA REPORT CELEBRATES 215 BUYOUTS](https://blog.thearorareport.com/215-buyouts-251027/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-251025/) - [DEPLOY CASH – COOLER CPI PROVIDES FUEL FOR STOCK MARKET TO MOVE TO THE MAGNET BUT RISKS REMAIN](https://blog.thearorareport.com/deploy-cash-251024/) - [NEW RUSSIA SANCTIONS TRIGGER A BUY SIGNAL ON OIL AND GIVE GOLD SECOND WIND, GOVERNMENT MAY BACK QUANTUM COMPUTING](https://blog.thearorareport.com/new-sanctions-251023/) - [ARORA BLOW-OFF TOP SIGNAL IN GOLD FORETOLD THE WORST DROP IN YEARS, NETFLIX DISAPPOINTS BUT OPTIMISM ABOUT TESLA EARNINGS AHEAD](https://blog.thearorareport.com/arora-251022/) - [SMART MONEY SELLS QUANTUM, NUCLEAR, AND SPACE STOCKS AS INVESTORS AWAIT EARNINGS AND INFLATION DATA](https://blog.thearorareport.com/smart-money-sells-251021/) - [551% GAIN ON BANK OF AMERICA (BAC) – NEW BUY ZONE](https://blog.thearorareport.com/bac-251020/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-251018/) - [KBE: BANK STOCKS PROVIDE GOOD DIVERSIFICATION FOR HEAVILY AI WEIGHTED PORTFOLIO](https://blog.thearorareport.com/kbe-251017/) - [HOW AI IMPACTS BANKS, JOBS MARKET](https://blog.thearorareport.com/schwab-interview-251016/) - [POWELL TRIGGERED STOCK BUYING OUTWEIGHS TRUMP POST ON SOYBEANS AND COOKING OIL, WALMART MOVES TO AGENTIC COMMERCE](https://blog.thearorareport.com/powell-251015/) - [TACO TRADERS MEET CAHN, BANK EARNINGS, NEW AMD WIN, AND RUSH TO BUY QUANTUM AND NUCLEAR STOCKS](https://blog.thearorareport.com/taco-traders-251014/) - [SHORT SQUEEZE IN SILVER AND RARE EARTHS, STOCK MARKET TACO TRADERS EUPHORIC, TRUMP SEEKS DIPLOMATIC PATH](https://blog.thearorareport.com/taco-trade-251013/) - [WEEKLY STOCK MARKET DIGEST: THE ARORA REPORT WARNED HOURS BEFORE BIG STOCK MARKET DROP](https://blog.thearorareport.com/stock-market-251011/) - [WORLD’S SMARTEST BANKER THINKS 30% CHANCE OF STOCK MARKET CORRECTION BUT HERE IS WHAT HE IS NOT TELLING YOU](https://blog.thearorareport.com/jamie-dimon-251010/) - [CONGRATULATIONS! BIOTECH AKRO BUYOUT BY NVO BECOMES 213TH ARORA PORTFOLIO BUYOUT](https://blog.thearorareport.com/buyout-251009/) - [NVIDIA: YEAR END CHASE MEETS NEW CONCERNS](https://blog.thearorareport.com/nvda-251008/) - [AMD DEAL NOT BAD FOR NVDA, JAPAN TRADE STRONG, GOLD RALLY CAN SUSTAIN](https://blog.thearorareport.com/schwab-network-amd-251007/) - [MASSIVE OPENAI AMD DEAL TO CHALLENGE NVIDIA, GOLD APPROACHES THE MAGNET, STOCKS ROCKET 4.75% IN JAPAN](https://blog.thearorareport.com/nvidia-251006/) - [WEEKLY STOCK MARKET DIGEST: WHAT PRUDENT INVESTORS NEED TO KNOW NOW](https://blog.thearorareport.com/stock-market-251004/) - [10X STOCK MARKET RISE SINCE ARORA BACK UP THE TRUCK AND BUY SIGNAL – WHAT TO DO NOW](https://blog.thearorareport.com/10x-stock-market-251003/) --- # # Detailed Content ## Posts - Categories: 0 - Tags: AAPL, ADBE, ALAB, AMD, BTCUSD, CRM, DIA, DIOD, DJIA, EUAD, EWJ, EWW, EWY, EWZ, FEZ, GC_F, GDX, GLD, GOLD, GOOG, GOOGL, HIMS, HOOD, HSY, HXSCL, ITA, LLY, LSCC GNRC, MARKETS, MAT LYFT, MRNA, MSTR, MU, NET SHOP, NVDA, NVO, OIL, QQQ, SIL, SILVER, SLV, SNDK, SPX, SPY, SSNLF, TBF, TBT, THD, TSM, USO, VRT, WMT, Z, ZG By Nigam Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' TAME CPI BRINGS BUYERS AFTER MOMO MARGIN SHAKEOUT, BITCOIN GOING TO ZERO CHORUS GETS LOUDER Feb 13, 2026 To gain an edge, this is what you need to know today. Tame CPI Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows the rally attempt failed at the top band of zone 1 (support). The selling yesterday in QQQ seems measured because blue chip tech stocks mostly held up and non-tech stocks rallied. However, prudent investors should note that yesterday there was carnage in many of the momo crowd’s favorite tech stocks. Many momo crowd accounts were hit with margin calls exacerbating the selling. As many of the momo crowd’s favorite speculative positions were forcibly liquidated, the margin shake out spilled into gold and silver, leading to more margin calls related to gold ETF (GLD), silver ETF (SLV), gold miner (GDX), and silver miner ETF (SIL). The chart shows buying is coming in today after tame Consumer Price Index (CPI) data. Here are the details: Headline CPI came at 0. 2% vs. 0. 3% consensus. Core CPI came at 0. 3% vs. 0. 3% consensus. RSI on the chart shows QQQ is approaching an oversold condition. Here is the key question for today: Will the budding rally on tame CPI data turn into a rip roaring rally or fail? The true nature of the stock market is such that there is no way to answer this question with any confidence at this time. Prudent investors should note that over the last eight days, 115 stocks in the S&P 500 have declined more than 7% in one day. History tells us when this happens a correction often starts. If CPI data today was hotter, there was a very high probability of a correction starting. Now, with tamer CPI data, both positive and negative crosscurrents are balancing out at this time. Wall Street machines will jump on in whichever direction the stock market starts going, exacerbating the move. Optimism is also seeping into the stock market this morning on speculation that President Trump will go soft on China by extending current trade terms and reducing tariffs on metals, including aluminum. The chorus that bitcoin is going to zero is growing louder. Please see the bitcoin section below. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Japan Prudent investors need to keep an eye on Japan due to funds having borrowed hundreds of billions of dollars in Japan and invested the money in U. S. securities, lately in AI stocks. Japan’s Prime Minister Takaichi indicated that the Bank of Japan (BOJ) may not hike rates in March, but a rate hike may happen later. In The Arora Report analysis, this is temporarily positive for the U. S. stock market, especially AI stocks. Stocks in Japan continue to outperform stocks in the U. S. Please see yesterday’s Morning Capsule. Europe Eurozone Q4 GDP came at 0. 3% vs. 0. 3% consensus. GDP indicates strength in industrials, materials, and financials even though Europe is lagging in AI. Stocks in Europe continue to outperform the U. S. Please see yesterday’s Morning Capsule. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL), Nvidia (NVDA), and Microsoft (MSFT). In the early trade, money flows are neutral in Amazon (AMZN), Alphabet (GOOG), and Tesla (TSLA). In the early trade, money flows are negative in Meta (META). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) in stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Tamer CPI has brought in *** in gold and silver in the early trade. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil OPEC+ is considering increasing oil production in April. The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin For the day, tamer CPI is bringing in buying in bitcoin. Once again proving that bitcoin is a speculative asset and not a hedge or store of value. The chorus that bitcoin (BTC. USD) will go to zero is getting louder. This is nothing new. Almost always, investors suffer from recency bias. Recency bias is particularly strong in bitcoin because bitcoin does not have a fundamental value like earnings. History shows that every time bitcoin falls below the average price of most holders (excluding bitcoin whales), the chorus of bitcoin going to zero gets louder. In contrast, every time the price of bitcoin goes above the average price of most holders (excluding bitcoin whales), a chorus that bitcoin is going to $1M gets louder. Just like bitcoin itself, the available data on bitcoin is manipulated by bitcoin whales. For this reason, it is impossible to get accurate data. In The Arora Report analysis, the average price of most holders excluding bitcoin whales and Strategy (MSTR) is somewhere between $90,000 and $105,000. The average price of Strategy is $76,038 per bitcoin. In The Arora Report analysis, an average bitcoin holder, excluding bitcoin whales and Strategy, is more likely to sell the rallies than buy the dip. As a member of The Arora Report, you have been ahead of the curve. We have shared with you all along when it was a contrary opinion that bitcoin is not digital gold, is not a store of value, is not a currency, and is not a hedge; bitcoin is simply a speculative asset that is manipulated by bitcoin whales. Note that bitcoin whales are always acting like smart money does in stocks. As a member of The Arora Report, you were again ahead of the curve – when bitcoin was above $120,000, we shared with you that bitcoin whales were selling bitcoin taking advantage of the strength generated by the enthusiasm of retail investors. When bitcoin touched $60,000, bitcoin whales stepped in to buy to prop it up. Bitcoin whales managed to get bitcoin over $70,000 when they sold again. It is worth repeating what we have been sharing with you for a long time. The objective of bitcoin whales is to convert their bitcoins into other assets such as dollar, yen, euro, stocks, gold, commodities, and real estate at the highest possible price over the full cycle. In contrast, many retail investors have been mistakenly converting their dollars into bitcoin as they have been highly influenced by promoters and influencers who appear to work with bitcoin whales. For those who want to understand the true nature of bitcoin and how to best invest in it, there is a multi-part podcast series in Arora Ambassador Club titled “WHALES’ SECRETS YOU NEED TO KNOW: CAPTURING BITCOIN PROFITS. ” If you want access to the series, please write to ambassador@thearorareport. com. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6854 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are up 40 points. Gold futures are at $5002, silver futures are at $78. 61, and oil futures are at $63. 02. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. TO BALANCE AI HEAVY PORTFOLIOS SMART MONEY QUIETLY SHIFTING INTO FOREIGN MARKETS – TECH STOCKS UNDERPERFORM Feb 12, 2026 To gain an edge, this is what you need to know today. Smart Money Shifting Please click here for a chart of Nasdaq 100 ETF (QQQ) compared to South Korea ETF (EWY), Brazil ETF (EWZ), Mexico ETF (EWW), Japan ETF (EWJ), Thailand ETF (THD), and Euro Stoxx 50 ETF (FEZ). Note the following: The U. S. is dominating AI. Just like The Arora Report portfolios, smart money portfolios are also heavily weighted in AI. Heavy weighting in AI makes portfolios U. S. centric. Everyday now the stock market in the U. S. sees jitters about one sector or another being disrupted by AI. Nvidia (NVDA), the most prominent AI stock, is range bound. Prudent investors should note that to balance the risk of AI smart money is quietly shifting into foreign markets. The chart shows South Korea ETF (EWY) has outperformed QQQ by 27. 48%. South Korea is benefiting for two reasons: Two of the three major memory makers, Samsung Electronics (SSNLF) and SK Hynix (HXSCL), are in South Korea. Memory is in short supply due to high AI demand. At this time, investors perceive the risk in memory makers to be lower compared to other AI stocks even though memory makers, including Micron (MU) and Sandisk (SNDK) have gone parabolic. South Korea is a big exporter of industrial goods. Industrial activity is picking up across the globe. Brazil ETF (EWZ) has outperformed QQQ by 21. 33%. Brazil is a big producer of commodities. The demand for commodities is increasing as industrial activity across the globe picks up, including AI data center construction. Mexico ETF (EWW) has outperformed QQQ by 15. 57%. Mexico is benefiting from tariffs on China. Thailand ETF (THD) has outperformed QQQ by 15. 44%. Stocks in Thailand are moving up on hopes that after the recent election there will be political stability. Japan ETF (EWJ) has outperformed QQQ by 15. 26%. The Japanese market is moving up for two reasons: Prime Minister Takaichi is turning out to be a rockstar leader taking Japan in a new direction. Positive structural shifts in how Japanese corporations operate. Euro Stoxx 50 ETF (FEZ) is outperforming QQQ by 4. 36%. Stocks in Europe are outperforming QQQ because Europe has a heavier concentration of materials, industrials, and financials. The foregoing shows that popular tech stocks in the U. S. are underperforming many international markets. The momo crowd is oblivious as usual, but smart money is already making the move. EWJ is in the ZYX Allocation Model Portfolio. EWY, EWZ, EWW, THD are in the ZYX Emerging Model Portfolio. Prudent investors should also note how gold acted yesterday after the very strong jobs report. For details of the jobs report, please see yesterday’s Morning Capsule. Based on history, gold should have fallen 3% - 5% yesterday. Immediately after the jobs report was released, gold experienced major selling, but then buyers came in moving gold back up. In The Arora Report analysis, this indicates that there is a segment of investors who are concerned about the high level of the U. S. stock market and are shifting more money into gold. Initial jobless claims came at 227K vs. 230K consensus. Consumer Price Index (CPI) will be released tomorrow at 8:30am ET. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are negative in Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in gold in the early trade. This is reflected in moves in gold ETF (GLD), silver ETF (SLV), gold miner ETF (GDX), and silver miner ETF (SIL). Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6982 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are up 140 points. Gold futures are at $5095, silver futures are at $82. 37, and oil futures are at $64. 33. BLOWOUT JOBS REPORT DRIVES STOCK MARKET TO MAGNET, IRAN RISK, BITCOIN WHALES STEPPING IN Feb 11, 2026 To gain an edge, this is what you need to know today. Blowout Jobs Report Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market is moving up in the early trade. The chart shows the blowout jobs report is driving the stock market to the magnet. The chart shows previous attempts to break above the magnet failed. Here is the key question: Will the jobs report trigger a breakout above the magnet? The jobs report is known as the mother of all reports due to its importance. Here are the details: Non-farm payrolls came at 130K vs. 68K consensus. Non-farm private payrolls came at 172K vs. 60K consensus. Unemployment rate came at 4. 3% vs. 4. 4% consensus. Average work week came at 34. 3 vs. 34. 2 consensus. Average hourly earnings came at 0. 4% vs. 0. 3% consensus. In The Arora Report analysis, yesterday Kevin Hassett was preparing the markets for a lower number. As a result, Wall Street was positioned for a weaker jobs number in the range of 20K - 30K. The initial jump on release of the jobs report may simply be the result of positioning, and there may be reversal as the day goes by. As of this writing, the stock market is perceiving the strong jobs report as a positive. However, prudent investors need to keep in mind that there is also a negative. The strong jobs report will make it difficult for the Fed to cut interest rates. The momo crowd is expecting several interest rate cuts. The prevailing wisdom is that politics will prevail over the data and the Fed will cut interest rates irrespective of the data. In The Arora Report analysis, if the Fed proceeds as the markets believe, the risk of inflation rising will have to be taken into account by prudent investors. Prudent investors should keep in mind that the Iran risk is increasing. President Trump is threatening military action if a deal is not reached. Oil is rising. The stock market momo crowd is oblivious. President Trump is saying he may send a second aircraft carrier to Iran. The U. S. is considering intercepting ships carrying Iranian oil just like the U. S. did with Venezuela. The strategy was successful in Venezuela. In The Arora Report analysis, such a strategy is highly risky in Iran because unlike Venezuela, Iran is likely to retaliate. Iran could easily block the Strait of Hormuz. The Strait of Hormuz is very narrow and a significant portion of the world’s oil is shipped through the strait. Among notable earnings, Robinhood (HOOD) reported less than consensus and whisper numbers. HOOD has pulled back from $153. 86 in October to $76. 98 as of this writing in the premarket. The reason is crypto trading is very profitable for Robinhood. As cryptos have pulled back, crypto trading volume has dropped. Among important earnings Vertiv (VRT), Cloudflare (NET), Shopify (SHOP), Generac (GNRC), Diodes (DIOD) and Lattice Semiconductor (LSCC) are reporting earnings better than expected. Lyft (LYFT), Mattel (MAT), Zillow (Z, ZG), and Astera Labs (ALAB) are reporting earnings below consensus. As a full disclosure, ZYX Short has a short position in Z, and the position is nicely profitable. In other significant news, the FDA has rejected Moderna’s (MRNA) flu vaccine. This is important because the media has been heavily promoting MRNA stock and as a result, MRNA has been one of the best performing stocks this year. The airspace over El Paso, Texas has been closed. The reason is not clear as of this writing. This may turn out to be important for the markets. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL), Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), Microsoft (MSFT), Meta (META), and Tesla (TSLA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd was aggressively buying gold ETF (GLD), silver ETF (SLV), gold miner ETF (GDX), and silver miner ETF (SIL) before the jobs report. The jobs report brought in selling. Smart money is inactive in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin As a member of The Arora Report, you were ahead of the curve – when bitcoin (BTC. USD) was hitting $120K and everyone was uber bullish, we were sharing with you that bitcoin whales were persistently selling bitcoin into the strength. Recently when bitcoin dipped to $60K, bitcoin whales stepped in to support bitcoin. Bitcoin rallied above $70K after whales stepped in. The rally over $70K has failed, and bitcoin is trading at $67,494 as of this writing. Bitcoin whales are stepping in again to support bitcoin from falling. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 7005 as of this writing. S&P 500 futures resistance levels are 7200, 7500, and 7700 : support levels are 7000, 6780, and 6500. DJIA futures are up 278 points. Gold futures are at $5089, silver futures are at $84. 65, and oil futures are at $65. 40. TECH STOCKS ADOBE AND SALESFORCE BEATEN BY WALMART AND HERSHEY - FOBO (NOT FOMO) HITS TECH HEAVY PORTFOLIOS HARD Feb 10, 2026 To gain an edge, this is what you need to know today. Tech Heavy Portfolios Hit Please click here for a chart comparing Walmart (WMT), Hershey (HSY), Adobe (ADBE), and Salesforce (CRM) stocks. Note the following: The chart shows year to date, stocks of retailer Walmart and chocolate maker Hershey have beaten popular tech stocks Adobe and Salesforce by a wide margin. HSY has beaten ADBE by 46. 31%. WMT has beaten ADBE by 33. 91%. HSY has beaten CRM by 49. 89%. WMT has beaten CRM by 37. 49%. Momo crowd portfolios are highly concentrated in speculative tech because the momo crowd is driven by hype that often surrounds speculative tech. The chart shows big gains in WMT and HSY stocks, but there is not much hype about Walmart and Hershey. Walmart is in the ZYX Buy Core Model Portfolio, long from $19. 25. At its current price, this represents a gain of 568%. HSY is in ZYX Buy in the portfolio that surrounds the Core Model Portfolio. FOBO (Fear Of Becoming Obsolete) and not FOMO (Fear Of Missing Out) has hit many software stocks hard. Many momo crowd portfolios are as much as 60% in SaaS stocks that have been especially hard hit. Here are important lessons for investors: In the long run, what stocks and ETFs you do not own is as important as which stocks and ETFs you own. It is very important to systematically take partial profits when stocks and ETFs you own become overextended. Please see Trade Management Guidelines for how to properly systematically take partial profits. Using the technique of trade around positions dramatically increases rewards and reduces risks. Please see Trade Management Guidelines to learn the technique. Diversification is important. Momo crowd portfolios concentrated in speculative tech lost 95% -100% in 2000, 70% - 90% in 2008, and 70% - 90% in 2022. Portfolios need to be properly structured. For example, The Arora Report portfolios are tech heavy but very light on software. Investors need to look ahead and see how various stocks and sectors may perform and not get carried away by today’s hype. Prudent investors closely watch retail sales data as the U. S. economy is 70% consumer based. Retail sales are weaker than expected. Here is the latest retail sales data. October headline retail sales came at 0. 0% vs. 0. 4% consensus. October retail sales ex-auto came at 0. 0% vs. 0. 4% consensus. ADP data shows that the private sector added an average of 6,500 jobs per week over the four weeks ending January 24. Important economic data is ahead. The official jobs report will be released tomorrow at 8:30am ET. Initial jobless claims will be released on Thursday at 8:30am ET. Consumer Price Index (CPI) data will be released Friday at 8:30am ET. In important news Taiwan Semiconductor Manufacturing (TSM) had its highest monthly revenue ever in January with an increase of 37%. Revenue data from Taiwan Semiconductor Manufacturing is important for the AI trade because Taiwan Semiconductor Manufacturing manufactures advanced chips for Nvidia (NVDA), Advanced Micro Devices (AMD), and Apple (AAPL). In a sign of the times, with so much exuberance about AI, Google (GOOG, GOOGL) is issuing a 100 year bond. The last time a company issued a 100 year bond, it was Motorola in 1997. Tech stocks crashed in 2000. Prudent investors should note that not a single company that was in the Dow Jones Industrial Average (DJIA) in 1926 is still in DJIA today. The take home for investors from this observation is to not be overly aggressive with the amount of strategic positions held at this time. The time to be aggressive with strategic positions is when valuations are low, there is a bear market, investors hate stocks, or the momo crowd is disheartened – none of these are occurring today – this is the key to building extraordinary wealth in the stock market. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Meta (META). In the early trade, money flows are negative in Apple (AAPL) and Alphabet (GOOG). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade and is especially aggressive in gold ETF (GLD), silver ETF (SLV), gold miner ETF (GDX), and silver miner ETF (SIL). Smart money is inactive in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound but trading below $70,000 as of this writing. This is disappointing to bitcoin bulls because they were expecting the psychological support at $70,000 to hold. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6979 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are down 27 points. Gold futures are at $5074, silver futures are at $81. 75, and oil futures are at $64. 60. CHINA WARNING HAMPERS BUDDING STOCK MARKET RALLY BUT HELPS GOLD; PAY ATTENTION TO HISTORIC TAKAICHI WIN Feb 9, 2026 To gain an edge, this is what you need to know today. China Warning Please click here for a chart of gold futures (GC_F). Note the following: The chart shows gold has moved up above $5000 again. The up move in gold is triggered by China’s warning. The same warning from China is hampering the budding stock market rally from oversold conditions. China is warning its financial institutions to reduce their holdings of U. S. Treasuries. China is also warning its financial institutions to limit purchase of new U. S. Treasuries. Chinese banks are large holders of U. S. Treasuries. China is being proactive to stop potential ire from President Trump. China is not framing this action as a loss of confidence in the U. S. but more of a diversification move. This is a major development prudent investors should pay attention to. Another major international development that prudent investors need to pay attention to is the historic election win of Prime Minister Takaichi in Japan. Her Liberal Democratic Party (LDP) has gained a supermajority in parliament. Takaichi’s win has major implications for investors. Stocks in Japan have risen on the win. Japan ETF (EWJ) is in the ZYX Allocation Core Model Portfolio. The position is very profitable. In The Arora Report analysis, any big dip in the Japanese stock market should be bought. There will be new signals in ZYX Allocation as appropriate. Takaichi’s win has a mixed impact on the carry trade. The carry trade is important because funds have borrowed hundreds of billions of dollars in Japan and invested it in U. S. securities, lately in AI stocks. Takaichi’s win brings Japan closer to the U. S. Takaichi is taking a stronger stand against China. Takaichi is taking a stand in favor of Taiwan. Takaichi is likely to spend more on defense, boosting defense stocks. Aerospace and defense ETF (ITA) as well as European defense ETF (EUAD) are in the ZYX Allocation Core Model Portfolio. Both positions are very profitable, and in due course, there will be new signals. Takaichi will visit the U. S. on March 19. Expect more details of the $550B planned Japanese investment in the U. S. as part of the trade deal. The details may move several stocks. In important news, the FDA is finally acting against copycat weight loss drug company Hims & Hers Health (HIMS). In response, HIMS has reversed itself. Novo Nordisk (NVO) is filing a lawsuit. Shares of NVO and Eli Lilly (LLY) stocks are rising. On Thursday, ZYX Buy gave a signal to buy NVO stock when it was at $44. 12 when NVO stock had plunged on the news of HIMS selling its copycat pills for $49 and analysts were issuing sell signals. The contrary Arora Report buy signal was based on The Arora Report's analysis that the FDA would act. That call has proven spot on. On Friday after hours, The Arora Report gave a signal to take partial profits on NVO stock around $50. 61 when NVO stock jumped on the news of FDA action. The NVO trade illustrates how investors can profit when they get ahead of the curve. Getting ahead of the curve over a period of years adds up to significant additional wealth. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Microsoft (MSFT), In the early trade, money flows are neutral in Apple (AAPL), Meta (META), In the early trade, money flows are negative in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold ETF (GLD), silver ETF (SLV), gold miner ETF (GDX), and silver miner ETF (SIL). The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is inactive in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling on the China warning. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6938 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are down 80 points. Gold futures are at $5031, silver futures are at $79. 56, and oil futures are at $63. 23. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMAT, GOOG, NVDA By Nigam Arora 2218% Gain AMAT is long from $16. It is trading at $370. 95 as of this writing. This represents a gain of over 2218%. On earnings, the stock jumped more than 10%. Earlier this morning, AMAT traded as high as $376. 32. This type of long-term performance is not the result of luck. It is the result of early positioning, patience, and disciplined execution through multiple market cycles. Blowout Earnings AMAT reported EPS of $2. 38 versus $2. 21 consensus. Revenue came in at $7. 01B versus $6. 88B consensus. Q2 EPS projection is $2. 64 ± $0. 20 versus consensus of $2. 28. Q2 revenue projection is $7. 65B ± $500M versus consensus of $7. 02B. These results reflect strong operational execution, expanding margins, continued pricing power, and sustained demand from leading-edge semiconductor manufacturers. Importantly, this is not a one-quarter phenomenon. It reflects a broader trend of rising capital expenditures across the semiconductor industry driven by AI, advanced computing, and next-generation applications. Prime AI Beneficiary AMAT is one of the world’s largest manufacturers of semiconductor manufacturing equipment. As demand for increasingly complex semiconductors for artificial intelligence continues to rise, so does the demand for advanced manufacturing tools. AI chips require smaller nodes, higher yields, and more sophisticated fabrication processes. Every major advancement in AI hardware increases the need for precision deposition, etching, inspection, and metrology tools, areas where AMAT has dominant positioning. As AI expands across cloud infrastructure, data centers, autonomous systems, robotics, healthcare, and enterprise applications, AMAT stands to benefit regardless of which specific chip designer or platform ultimately dominates. This creates a powerful, long-term tailwind that extends well beyond short-term market cycles. Picks And Shovels Play The advantage of investing in AMAT is that you do not have to worry about whether OpenAI’s ChatGPT wins, Google’s Gemini wins, or Anthropic’s Claude wins. You do not need to worry about whether Nvidia remains dominant in the AI chip market. You do not need to worry about who wins the High Bandwidth Memory battle. An analogy is the California Gold Rush. During the gold rush, some explorers became very wealthy, but most went bankrupt. However, almost all merchants who sold picks and shovels became wealthy. AMAT represents the modern equivalent of the picks-and-shovels provider to the AI gold rush. It supplies the critical infrastructure that enables every major participant in the semiconductor ecosystem. This creates diversification, durability, recurring demand, and structural competitive advantage. In uncertain technological races, infrastructure providers tend to win consistently. Ahead Of The Curve As has been the pattern for two decades, The Arora Report recognizes trends early. This is how long-time members were positioned in AMAT at $16 and now have a gain of 2218%. The mistake most investors make is investing based on the present. They suffer from recency bias. They chase what is already popular and ignore what is quietly building momentum. They buy when the story is obvious and sell when uncertainty appears. The way to become a successful investor is to get ahead of the curve and look ahead to where the industry will be several years from now. This is exactly what The Arora Report helps you to do. It is not as simple as it sounds. To be successful, one must bring a high level of discipline, analytical rigor, risk management, emotional control, and long-term thinking. This is where the six screens of the ZYX Change Method shine. The method integrates fundamentals, technicals, macro trends, institutional behavior, sentiment, and risk analysis into a unified framework. This systematic approach reduces emotional decision-making and increases consistency over time. Zones To understand the zones, investors need to recognize that AMAT is a highly volatile stock and can trade in wide ranges during market cycles. The best strategy is not to buy when everybody loves the stock, like right now—when headlines are glowing and the momo crowd is rushing in as if there is no tomorrow. The best strategy is to buy when: The company misses earnings The stock drops due to temporary issues Or sentiment turns negative despite strong long-term fundamentals This is how smart money operates. This is how disciplined investors should operate. They buy when fear is high and sell when euphoria dominates. Volatility is not risk when managed properly—it is an opportunity. For those following the Good Way, due to the recent run-up, the Buy Now rating is *** (To see the locked content, please take a 30 day free trial). For those following the Best Way, the buy zone is $*** – $***. To learn about the Good Way and the Best Way, please see the Getting A Running Start Guide. The recommended quantity is ***% – ***%, reflecting both conviction and prudent diversification. The very long-term target is being raised to $553 – $578. This reflects continued earnings growth, expanding margins, increasing AI exposure, rising capital spending, and long-term industry tailwinds. This is a very long-term position designed to benefit from multi-year structural trends. What To Do Now Those in the stock may consider continuing to hold. Those not in the stock may consider following the parameters given above and waiting patiently for favorable zones. Do not chase. Let the market come to you. Remember: patience, discipline, and preparation separate long-term winners from short-term momo crowd speculators. Note: Signal(s) to enter, add, reduce, exit, hold or change. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, EWJ, EWW, EWY, EWZ, FEZ, GOLD, HXSCL, MARKETS, MU, OIL, QQQ, SILVER, SNDK, SPY, SSNLF, THD By Nigam Arora To gain an edge, this is what you need to know today. Smart Money Shifting Please click here for a chart of Nasdaq 100 ETF (QQQ) compared to South Korea ETF (EWY), Brazil ETF (EWZ), Mexico ETF (EWW), Japan ETF (EWJ), Thailand ETF (THD), and Euro Stoxx 50 ETF (FEZ). Note the following: The U. S. is dominating AI. Just like The Arora Report portfolios, smart money portfolios are also heavily weighted in AI. Heavy weighting in AI makes portfolios U. S. centric. Everyday now the stock market in the U. S. sees jitters about one sector or another being disrupted by AI. Nvidia (NVDA), the most prominent AI stock, is range bound. Prudent investors should note that to balance the risk of AI smart money is quietly shifting into foreign markets. The chart shows South Korea ETF (EWY) has outperformed QQQ by 27. 48%. South Korea is benefiting for two reasons: Two of the three major memory makers, Samsung Electronics (SSNLF) and SK Hynix (HXSCL), are in South Korea. Memory is in short supply due to high AI demand. At this time, investors perceive the risk in memory makers to be lower compared to other AI stocks even though memory makers, including Micron (MU) and Sandisk (SNDK) have gone parabolic. South Korea is a big exporter of industrial goods. Industrial activity is picking up across the globe. Brazil ETF (EWZ) has outperformed QQQ by 21. 33%. Brazil is a big producer of commodities. The demand for commodities is increasing as industrial activity across the globe picks up, including AI data center construction. Mexico ETF (EWW) has outperformed QQQ by 15. 57%. Mexico is benefiting from tariffs on China. Thailand ETF (THD) has outperformed QQQ by 15. 44%. Stocks in Thailand are moving up on hopes that after the recent election there will be political stability. Japan ETF (EWJ) has outperformed QQQ by 15. 26%. The Japanese market is moving up for two reasons: Prime Minister Takaichi is turning out to be a rockstar leader taking Japan in a new direction. Positive structural shifts in how Japanese corporations operate. Euro Stoxx 50 ETF (FEZ) is outperforming QQQ by 4. 36%. Stocks in Europe are outperforming QQQ because Europe has a heavier concentration of materials, industrials, and financials. The foregoing shows that popular tech stocks in the U. S. are underperforming many international markets. The momo crowd is oblivious as usual, but smart money is already making the move. EWJ is in the ZYX Allocation Model Portfolio. EWY, EWZ, EWW, THD are in the ZYX Emerging Model Portfolio. Prudent investors should also note how gold acted yesterday after the very strong jobs report. For details of the jobs report, please see yesterday’s Morning Capsule. Based on history, gold should have fallen 3% - 5% yesterday. Immediately after the jobs report was released, gold experienced major selling, but then buyers came in moving gold back up. In The Arora Report analysis, this indicates that there is a segment of investors who are concerned about the high level of the U. S. stock market and are shifting more money into gold. Initial jobless claims came at 227K vs. 230K consensus. Consumer Price Index (CPI) will be released tomorrow at 8:30am ET. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are negative in Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in gold in the early trade. This is reflected in moves in gold ETF (GLD), silver ETF (SLV), gold miner ETF (GDX), and silver miner ETF (SIL). Smart money is inactive in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6982 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are up 140 points. Gold futures are at $5095, silver futures are at $82. 37, and oil futures are at $64. 33. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: ALAB, BTCUSD, DIOD, GOLD, HOOD, LSCC GNRC, MARKETS, MAT LYFT, MRNA, NET SHOP, OIL, QQQ, SILVER, SPY, VRT, Z, ZG By Nigam Arora To gain an edge, this is what you need to know today. Blowout Jobs Report Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market is moving up in the early trade. The chart shows the blowout jobs report is driving the stock market to the magnet. The chart shows previous attempts to break above the magnet failed. Here is the key question: Will the jobs report trigger a breakout above the magnet? The jobs report is known as the mother of all reports due to its importance. Here are the details: Non-farm payrolls came at 130K vs. 68K consensus. Non-farm private payrolls came at 172K vs. 60K consensus. Unemployment rate came at 4. 3% vs. 4. 4% consensus. Average work week came at 34. 3 vs. 34. 2 consensus. Average hourly earnings came at 0. 4% vs. 0. 3% consensus. In The Arora Report analysis, yesterday Kevin Hassett was preparing the markets for a lower number. As a result, Wall Street was positioned for a weaker jobs number in the range of 20K - 30K. The initial jump on release of the jobs report may simply be the result of positioning, and there may be reversal as the day goes by. As of this writing, the stock market is perceiving the strong jobs report as a positive. However, prudent investors need to keep in mind that there is also a negative. The strong jobs report will make it difficult for the Fed to cut interest rates. The momo crowd is expecting several interest rate cuts. The prevailing wisdom is that politics will prevail over the data and the Fed will cut interest rates irrespective of the data. In The Arora Report analysis, if the Fed proceeds as the markets believe, the risk of inflation rising will have to be taken into account by prudent investors. Prudent investors should keep in mind that the Iran risk is increasing. President Trump is threatening military action if a deal is not reached. Oil is rising. The stock market momo crowd is oblivious. President Trump is saying he may send a second aircraft carrier to Iran. The U. S. is considering intercepting ships carrying Iranian oil just like the U. S. did with Venezuela. The strategy was successful in Venezuela. In The Arora Report analysis, such a strategy is highly risky in Iran because unlike Venezuela, Iran is likely to retaliate. Iran could easily block the Strait of Hormuz. The Strait of Hormuz is very narrow and a significant portion of the world’s oil is shipped through the strait. Among notable earnings, Robinhood (HOOD) reported less than consensus and whisper numbers. HOOD has pulled back from $153. 86 in October to $76. 98 as of this writing in the premarket. The reason is crypto trading is very profitable for Robinhood. As cryptos have pulled back, crypto trading volume has dropped. Among important earnings Vertiv (VRT), Cloudflare (NET), Shopify (SHOP), Generac (GNRC), Diodes (DIOD) and Lattice Semiconductor (LSCC) are reporting earnings better than expected. Lyft (LYFT), Mattel (MAT), Zillow (Z, ZG), and Astera Labs (ALAB) are reporting earnings below consensus. As a full disclosure, ZYX Short has a short position in Z, and the position is nicely profitable. In other significant news, the FDA has rejected Moderna’s (MRNA) flu vaccine. This is important because the media has been heavily promoting MRNA stock and as a result, MRNA has been one of the best performing stocks this year. The airspace over El Paso, Texas has been closed. The reason is not clear as of this writing. This may turn out to be important for the markets. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL), Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), Microsoft (MSFT), Meta (META), and Tesla (TSLA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd was aggressively buying gold ETF (GLD), silver ETF (SLV), gold miner ETF (GDX), and silver miner ETF (SIL) before the jobs report. The jobs report brought in selling. Smart money is inactive in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin As a member of The Arora Report, you were ahead of the curve – when bitcoin (BTC. USD) was hitting $120K and everyone was uber bullish, we were sharing with you that bitcoin whales were persistently selling bitcoin into the strength. Recently when bitcoin dipped to $60K, bitcoin whales stepped in to support bitcoin. Bitcoin rallied above $70K after whales stepped in. The rally over $70K has failed, and bitcoin is trading at $67,494 as of this writing. Bitcoin whales are stepping in again to support bitcoin from falling. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 7005 as of this writing. S&P 500 futures resistance levels are 7200, 7500, and 7700 : support levels are 7000, 6780, and 6500. DJIA futures are up 278 points. Gold futures are at $5089, silver futures are at $84. 65, and oil futures are at $65. 40. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AAPL, ADBE, AMD, BTCUSD, CRM, GDX, GLD, GOLD, GOOG, GOOGL, HSY, MARKETS, NVDA, OIL, QQQ, SIL, SILVER, SLV, SPY, TSM, WMT By Nigam Arora To gain an edge, this is what you need to know today. Tech Heavy Portfolios Hit Please click here for a chart comparing Walmart (WMT), Hershey (HSY), Adobe (ADBE), and Salesforce (CRM) stocks. Note the following: The chart shows year to date, stocks of retailer Walmart and chocolate maker Hershey have beaten popular tech stocks Adobe and Salesforce by a wide margin. HSY has beaten ADBE by 46. 31%. WMT has beaten ADBE by 33. 91%. HSY has beaten CRM by 49. 89%. WMT has beaten CRM by 37. 49%. Momo crowd portfolios are highly concentrated in speculative tech because the momo crowd is driven by hype that often surrounds speculative tech. The chart shows big gains in WMT and HSY stocks, but there is not much hype about Walmart and Hershey. Walmart is in the ZYX Buy Core Model Portfolio, long from $19. 25. At its current price, this represents a gain of 568%. HSY is in ZYX Buy in the portfolio that surrounds the Core Model Portfolio. FOBO (Fear Of Becoming Obsolete) and not FOMO (Fear Of Missing Out) has hit many software stocks hard. Many momo crowd portfolios are as much as 60% in SaaS stocks that have been especially hard hit. Here are important lessons for investors: In the long run, what stocks and ETFs you do not own is as important as which stocks and ETFs you own. It is very important to systematically take partial profits when stocks and ETFs you own become overextended. Please see Trade Management Guidelines for how to properly systematically take partial profits. Using the technique of trade around positions dramatically increases rewards and reduces risks. Please see Trade Management Guidelines to learn the technique. Diversification is important. Momo crowd portfolios concentrated in speculative tech lost 95% -100% in 2000, 70% - 90% in 2008, and 70% - 90% in 2022. Portfolios need to be properly structured. For example, The Arora Report portfolios are tech heavy but very light on software. Investors need to look ahead and see how various stocks and sectors may perform and not get carried away by today’s hype. Prudent investors closely watch retail sales data as the U. S. economy is 70% consumer based. Retail sales are weaker than expected. Here is the latest retail sales data. October headline retail sales came at 0. 0% vs. 0. 4% consensus. October retail sales ex-auto came at 0. 0% vs. 0. 4% consensus. ADP data shows that the private sector added an average of 6,500 jobs per week over the four weeks ending January 24. Important economic data is ahead. The official jobs report will be released tomorrow at 8:30am ET. Initial jobless claims will be released on Thursday at 8:30am ET. Consumer Price Index (CPI) data will be released Friday at 8:30am ET. In important news Taiwan Semiconductor Manufacturing (TSM) had its highest monthly revenue ever in January with an increase of 37%. Revenue data from Taiwan Semiconductor Manufacturing is important for the AI trade because Taiwan Semiconductor Manufacturing manufactures advanced chips for Nvidia (NVDA), Advanced Micro Devices (AMD), and Apple (AAPL). In a sign of the times, with so much exuberance about AI, Google (GOOG, GOOGL) is issuing a 100 year bond. The last time a company issued a 100 year bond, it was Motorola in 1997. Tech stocks crashed in 2000. Prudent investors should note that not a single company that was in the Dow Jones Industrial Average (DJIA) in 1926 is still in DJIA today. The take home for investors from this observation is to not be overly aggressive with the amount of strategic positions held at this time. The time to be aggressive with strategic positions is when valuations are low, there is a bear market, investors hate stocks, or the momo crowd is disheartened – none of these are occurring today – this is the key to building extraordinary wealth in the stock market. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Meta (META). In the early trade, money flows are negative in Apple (AAPL) and Alphabet (GOOG). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is buying gold in the early trade and is especially aggressive in gold ETF (GLD), silver ETF (SLV), gold miner ETF (GDX), and silver miner ETF (SIL). Smart money is inactive in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound but trading below $70,000 as of this writing. This is disappointing to bitcoin bulls because they were expecting the psychological support at $70,000 to hold. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6979 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are down 27 points. Gold futures are at $5074, silver futures are at $81. 75, and oil futures are at $64. 60. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, EUAD, EWJ, GC_F, GDX, GLD, GOLD, HIMS, ITA, LLY, MARKETS, NVO, OIL, QQQ, SIL, SILVER, SLV, SPY By Nigam Arora To gain an edge, this is what you need to know today. China Warning Please click here for a chart of gold futures (GC_F). Note the following: The chart shows gold has moved up above $5000 again. The up move in gold is triggered by China’s warning. The same warning from China is hampering the budding stock market rally from oversold conditions. China is warning its financial institutions to reduce their holdings of U. S. Treasuries. China is also warning its financial institutions to limit purchase of new U. S. Treasuries. Chinese banks are large holders of U. S. Treasuries. China is being proactive to stop potential ire from President Trump. China is not framing this action as a loss of confidence in the U. S. but more of a diversification move. This is a major development prudent investors should pay attention to. Another major international development that prudent investors need to pay attention to is the historic election win of Prime Minister Takaichi in Japan. Her Liberal Democratic Party (LDP) has gained a supermajority in parliament. Takaichi’s win has major implications for investors. Stocks in Japan have risen on the win. Japan ETF (EWJ) is in the ZYX Allocation Core Model Portfolio. The position is very profitable. In The Arora Report analysis, any big dip in the Japanese stock market should be bought. There will be new signals in ZYX Allocation as appropriate. Takaichi’s win has a mixed impact on the carry trade. The carry trade is important because funds have borrowed hundreds of billions of dollars in Japan and invested it in U. S. securities, lately in AI stocks. Takaichi’s win brings Japan closer to the U. S. Takaichi is taking a stronger stand against China. Takaichi is taking a stand in favor of Taiwan. Takaichi is likely to spend more on defense, boosting defense stocks. Aerospace and defense ETF (ITA) as well as European defense ETF (EUAD) are in the ZYX Allocation Core Model Portfolio. Both positions are very profitable, and in due course, there will be new signals. Takaichi will visit the U. S. on March 19. Expect more details of the $550B planned Japanese investment in the U. S. as part of the trade deal. The details may move several stocks. In important news, the FDA is finally acting against copycat weight loss drug company Hims & Hers Health (HIMS). In response, HIMS has reversed itself. Novo Nordisk (NVO) is filing a lawsuit. Shares of NVO and Eli Lilly (LLY) stocks are rising. On Thursday, ZYX Buy gave a signal to buy NVO stock when it was at $44. 12 when NVO stock had plunged on the news of HIMS selling its copycat pills for $49 and analysts were issuing sell signals. The contrary Arora Report buy signal was based on The Arora Report's analysis that the FDA would act. That call has proven spot on. On Friday after hours, The Arora Report gave a signal to take partial profits on NVO stock around $50. 61 when NVO stock jumped on the news of FDA action. The NVO trade illustrates how investors can profit when they get ahead of the curve. Getting ahead of the curve over a period of years adds up to significant additional wealth. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Microsoft (MSFT). In the early trade, money flows are neutral in Apple (AAPL) and Meta (META). In the early trade, money flows are negative in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) in stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is aggressively buying gold ETF (GLD), silver ETF (SLV), gold miner ETF (GDX), and silver miner ETF (SIL). The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling on the China warning. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6938 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are down 80 points. Gold futures are at $5031, silver futures are at $79. 56, and oil futures are at $63. 23. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMD, AMZN, AZN, BITO, BTCUSD, CRM, DIA, DJIA, EPI, FBTC, FFXDF, GBTC, GDRX, GDX, GLD, GOLD, GOOG, GOOGL, GSK, HIMS, IBIT, IGV, LLY, LZ, MARKETS, MRK, MSFT, MSTR, NVO, OIL, ORCL, PFE, PLTR, QQQ, SIL, SILVER, SI_F, SLV, SPX, SPY, TBF, TBT, TER, USO By Nigam Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' AMAZON BEATS GOOGLE CAPEX; NEGATIVE SENTIMENT IS GOOD; TRADABLE LOW POINTS FOR STOCKS, GOLD, SILVER, AND BITCOIN Feb 6, 2026 To gain an edge, this is what you need to know today. Sentiment Change Creates Opportunity Please click here for a chart of Amazon stock (AMZN). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of AMZN stock is being used to illustrate the point. The chart shows AMZN stock was not able to break into zone 1 (resistance). The chart shows the drop in AMZN stock on earnings. The chart shows the pullback yesterday was on heavy volume. This indicates the move was on conviction. RSI on the chart shows AMZN stock is oversold. Oversold stocks tend to bounce. The gap down today in AMZN stock has a high probability of being an exhaustion gap. There is a new trade around signal on AMZN stock in ZYX Buy. It is important to scale in in the buy zone. A trade around position is a technique used by hedge funds and billionaires that can dramatically add to returns and lower risks. Please see Trade Management Guidelines to learn about trade around positions. Amazon earnings were below whisper numbers, but the main reason for the drop in the stock is massive capex, primarily on AI. Amazon plans to spend $200B on capex vs. $146B consensus. Amazon is beating Google’s jaw dropping capex number that we previously shared with you. It is important for investors to shift their thinking as market conditions change. Not long ago, the higher the capital spend, the higher the stocks went. Now, the higher the capital spend, the lower the stocks go. The difficulty investors face is that almost everyone on traditional and social media as well as most analysts, have an agenda that is not in the best interest of investors. Therefore, it is important to have continuous access to a reliable and objective independent source where the only agenda is helping investors generate wealth, such as The Arora Report. Sentiment has turned very negative. Tech stocks, especially software stocks, gold, silver, and bitcoin are oversold. The combination of sentiment turning very negative and oversold conditions historically lead to a tradeable bottom. However, the bottom may not be enduring as the sentiment has not turned extremely negative. There is a fair probability that a short term tactical bounce may occur from here. However, any trade is high risk because market structures are still unstable. Here are the low points as a reference. Short term trades are likely to work if markets stay above the points mentioned below: S&P futures 6761 Nasdaq futures 24,239 Gold futures $4670 Silver futures $63. 90 Bitcoin futures $60,005 The Arora Report has given trade around signals on Microsoft (MSFT) in ZYX Buy and software ETF (IGV) in ZYX Allocation. TrumpRx is now operational. TrumpRx gives consumers access to lower cost drugs from many drug makers including Eli Lilly (LLY), Novo Nordisk (NVO), Pfizer (PFE), AstraZeneca (AZN), Merck (MRK), and GSK (GSK). GoodRx (GDRX) is a core integration partner for TrumpRx. Yesterday a signal was given in ZYX Buy on GDRX. University of Michigan Consumer Sentiment will be released at 10am ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL). In the early trade, money flows are negative in Amazon (AMZN), Alphabet (GOOG), and Meta (META). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** stocks in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is selling gold ETF (GLD), silver ETF (SLV), gold miner ETF (GDX), and silver miner ETF (SIL). The momo crowd is *** gold in the early trade. Smart money is *** gold in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is buying oil ETF (USO). The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates are ticking and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6856 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are up 261 points. Gold futures are at $4950, silver futures are at $75. 36, and oil futures are at $62. 53. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. GOOGLE JAW DROPPING CAPEX – AI STORY HAS MORE GAS; UNSTABLE MARKET STRUCTURES HIT SILVER, GOLD, BITCOIN, AND STOCKS Feb 5, 2026 To gain an edge, this is what you need to know today. AI Cap Ex Please click here for a chart of Google stock (GOOG). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of GOOG stock is being used to illustrate the point. The chart shows the spike up when Alphabet released earnings. Earnings were better than the consensus and whisper numbers. The chart shows steady decline in Alphabet stock after the initial spike up. The proprietary Arora Report VUD indicator on the chart shows net supply of Alphabet stock after earnings release. The VUD indicator is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand. Here are the reasons GOOG stock dropped after great earnings: Google is reporting a jaw dropping $175B - $185B for capital spend in 2026 vs. $115B consensus. Some investors are concerned about the high level of capital spend. Times have changed – until recently, the stock market rewarded higher capital spend on AI. GOOG stock is overowned. When a stock is overowned, there are not many buyers left to drive it higher and the slightest selling can accelerate. Going into earnings, sentiment on GOOG was extremely positive. Extremely positive sentiment is a contrary signal, i. e. sell. Keep in mind, sentiment is not a precise timing indicator. One of the tells for the entire stock market will be if bulls in Alphabet stock are able to stage a comeback and drive Alphabet stock to a new high. In The Arora Report analysis, Alphabet’s jaw dropping capital spend affirms what The Arora Report has been sharing with you since 2022. Our call since 2022 has been that AI is real and a fortune is to be made all the way to 2030. However, it will not be in a straight line, and at times it will be treacherous. Money is to be made from both the long and short sides as many companies get disrupted. Investors will need expert guidance. In the Morning Capsule before the stock market opened on Monday, The Arora Report shared with you that market structures in stocks, gold, silver, and bitcoin had become unstable. So far, that call has proven spot on. Market structures continue to be unstable: Last night, silver dropped 15% in a matter of seconds due to margin calls in China. Margin calls in China also hit gold. Expect the momo crowd in the U. S. that has been aggressively buying gold ETF (GLD), silver ETF (SLV), gold miner ETF (GDX), and silver miner ETF (SIL) to be hit with margin calls. Bitcoin took another leg down when Treasury Secretary Bessent disappointed bitcoin promoters by saying he did not have the authority to bailout bitcoin. It was followed with more disappointment when Bessent said the government cannot tell banks to bailout bitcoin. Margin calls on bitcoin continue. In the U. S. , the holders of bitcoin ETFs such as IBIT, BITO, FBTC, and GBTC are also the holders of silver ETF SLV and speculative tech stocks. Expect many such accounts to get margin calls. In The Arora Report analysis, the two main reasons behind the instability are: Wall Street’s positioning Momo crowd’s excessive use of leverage It is not only to the downside. Prudent investors need to keep in mind that due to the frequent negative gamma positioning of market makers, if any of these markets start going up, the move will be amplified to the upside. Jobless claims unexpectedly increased. Initial jobless claims came at 231K vs. 210K consensus. In The Arora Report analysis, the rise in jobless claims is temporary due to the extreme cold. In noteworthy news, Hims & Hers Health (HIMS) will start selling a $49 per month copycat version of Novo Nordisk’s (NVO) weight loss drug Wegovy. It is not clear how the government will enforce intellectual property laws here. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are neutral in Apple (AAPL) and Nvidia (NVDA). In the early trade, money flows are negative in Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Bitcoin is under $70K as of this writing. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6866 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are down 197 points. Gold futures are at $4853, silver futures are at $75. 63, and oil futures are at $63. 47. UNSTABLE MARKET STRUCTURES; $300B ERASED ON AI DISRUPTION FEARS; IS AI AGENTFORCE GOING BUST? Feb 4, 2026 To gain an edge, this is what you need to know today. AI Disruption Fears (Fear Overtakes Greed) Please click here for a chart of Salesforce stock (CRM). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of CRM stock is being used to illustrate the point. Salesforce is a component of the Dow Jones Industrial Average (DJIA). Salesforce is the biggest giant in customer relationship software. The chart shows when the institutional crowd ran up CRM stock on AI euphoria. Salesforce has an AI driven platform called Salesforce Agentforce that is designed to rapidly deploy AI agents. The chart shows the let down when the sales of Agentforce did not meet the very high expectations and the institutional crowd sold. The chart shows zone 1 has been a support zone until recently. The chart shows CRM stock repeatedly bounced off of the support zone. Institutions have been the primary buyers, hoping Agentforce would eventually succeed. The chart shows the breakdown below zone 1. The chart shows fear of AI disruption creeping up yesterday causing a major selloff. The selloff yesterday was widespread across the software, wiping about $300B in market value. The chart shows that volume on the selloff was high. This indicates distribution. In The Arora Report analysis, a vast majority of the selling in CRM stock is from institutions. The chart of CRM stock is an example of how at times institutions behave no different than the momo crowd. At times, institutions move like a herd of sheep, just like the momo crowd. Keep in mind, the momo crowd has two distinct segments: Retail momo crowd Institutional and professional money manager momo crowd Members of The Arora Report have benefited for nearly two decades from smart money flows. CRM stock’s fate has been foretold as there has not been any smart money buying. The proximate cause of yesterday’s selloff in software was Anthropic releasing a new AI legal tool and also releasing plugins for finance and customer service. On Monday, OpenAI released a new version of its tool called Codex that works similar to what Anthropic is building. In The Arora Report analysis, indiscriminate selling in software is wrong. As we have been sharing with you, many companies will be disrupted and that will offer opportunities from the short side. For example, ZYX Short has a new signal on LegalZoom (LZ). On the other hand, as software valuations come down, there will be many opportunities from the long side. ADP employment change data shows that the private sector added 22K jobs vs. 43K consensus in January. ISM Services Index data will be released at 10am and may be market moving. As we previously shared with you, ISM Manufacturing Index was a big surprise to the upside and triggered a stock market rally on Monday. Much anticipated earnings from Advanced Micro Devices (AMD) are below the consensus and whisper numbers. AMD stock is down about 10%. In the weight loss drug business, yesterday Novo Nordisk (NVO) stock experienced a major drop when NVO lowered its guidance due to competition in the U. S. This morning, Eli Lilly (LLY) reported earnings better than the consensus and whisper numbers and the stock is up about 8%. LLY is in the ZYX Buy Core Model Portfolio, long from an average of $318. 45. It is trading at $1086 as of this writing in the premarket. This represents a gain of 241%. In Monday’s Morning Capsule, we shared with you that market structures were unstable due to negative gamma and market makers would move in whichever direction the market was moving, exacerbating the move. On Monday, the move was to the upside. Yesterday, the move was to the downside. In The Arora Report analysis, market structures continue to be unstable. The most unstable structures are in gold and silver. These unstable structures are amplifying the move up in gold ETF (GLD), silver ETF (SLV), and gold miner ETF (GDX). As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL) and Alphabet (GOOG). In the early trade, money flows are neutral in Amazon (AMZN) and Microsoft (MSFT). In the early trade, money flows are negative in Meta (META), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a draw of 11. 1M barrels vs. consensus of a build of 0. 7M barrels. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin So far, rally attempts in bitcoin (BTC. USD) have failed. Bitcoin is now trading below Michael Saylor’s company Strategy’s (MSTR) average price of $76,038. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6945 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are up 66 points. Gold futures are at $5076, silver futures are at $91. 45, and oil futures are at $63. 01. PALANTIR’S AI REVENUES SURGE, DATA CENTERS IN SPACE, SURPRISE PICK UP IN MANUFACTURING, INDIA DEAL Feb 3, 2026 To gain an edge, this is what you need to know today. AI Revenues Please click here for a chart of Palantir stock (PLTR). Note the following: The chart shows the jump up in PLTR stock on earnings. RSI on the chart shows PLTR stock is not overbought even after the jump and has room to run. The chart shows that prior to earnings PLTR stock had fallen. This drop was due to software stocks in general falling, as represented by software ETF (IGV). As a member of The Arora Report, you have known since 2022 that AI would disrupt many software companies. The stock market has only recently been catching on to the disruption. The paradox here is that Palantir sells only AI software and is not going to be disrupted. Yet, Palantir stock has fallen along with other software stocks. The reason is PLTR stock is very expensive, and as the PE multiples of other software stocks come down, they also bring down Palantir’s valuation. The chart shows that now is the third time PLTR stock is bouncing from the top band of zone 1 (support). This is the hallmark of a very strong stock. Palantir earnings were significantly above consensus and whisper numbers. Here are the noteworthy points: Palantir sees Q1 revenue of $1. 532B - $1. 536B vs. $1. 33B consensus. Palantir sees FY26 revenue of $7. 182B - $7. 198B vs. $6. 28B consensus. In Q4, Palantir revenue growth rate was 70% year-over-year, the highest ever. Prudent investors should note that the rise in PLTR stock is mostly due to momo crowd buying. This increases the risk. PLTR is long from an average of $20. 15 in the ZYX Buy Core Model Portfolio. Long time members of The Arora Report have a gain of 714%. In a noteworthy development, Teradyne (TER), with business in semiconductor testing, product testing, and robotics, reported blow out earnings. The demand is being driven by AI. There will be signals in ZYX Buy on TER and its competitors when appropriate. Elon Musk is merging SpaceX with xAI. This is creating a lot of excitement for the upcoming SpaceX IPO. SpaceX will become the largest vertically integrated AI company. In The Arora Report analysis, SpaceX has the potential to become the most valuable company in the world if it succeeds with AI data centers in space. SpaceX is seeking permission from regulators to launch 1M satellites. For those who want next level information, there is a new follow up podcast titled “WHAT XAI MERGER MEANS FOR THE SPACEX BACKDOOR” in Arora Ambassador Club. ISM Manufacturing Index released yesterday came at 52. 6% vs. 48. 3% consensus. This was a surprise expansion of manufacturing in the U. S. The data triggered heavy buying in stocks. In yesterday’s Morning Capsule, we wrote: The reason is market maker positions now have negative gamma. In plain English this means when silver, gold, or the momo crowd's favorite tech stocks start going up, market makers will be forced to buy. Once the buying came in due to ISM Manufacturing data, due to market maker positioning with negative gamma, the stock market went higher. In the afternoon blind money came in. Blind money is the money that flows into the stock market on the first two days of the month without any analysis or regard for market conditions. Blind money will continue flowing into the stock market this afternoon. JOLTS job openings data is delayed. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. India President Trump and Prime Minister Narendra Modi have reached an agreement. President Trump is cutting tariffs from 50% to 18%. India will buy oil from the US and Venezuela and stop buying oil from Russia. Tariffs on India are lower than tariffs on Pakistan, Bangladesh, and Vietnam. This will help traditional Indian exports. Stocks in India surged 2%. For the long term investor, India is the best growth opportunity among large economies. ZYX Emerging has covered India for 19 years continuously. India ETF (EPI) has a gain of 354% for long term members of The Arora Report. Of note is a special situation in an India focused fund Fairfax India Holdings (FFXDF). The fund was founded by Prem Watsa, also known as the Warren Buffett of Canada. FFXDF position in ZYX Buy Core Model Portfolio has nice gains. There are also trade around positions on FFXDF and EPI. Trade around positions are a technique used by billionaires and hedge funds to dramatically increase returns and reduce risk. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Meta (META). In the early trade, money flows are negative in Apple (AAPL) and Microsoft (MSFT). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Gold and silver had become very oversold. Oversold markets tend to bounce, and that is exactly what is happening in gold and silver. Some of the buying is a result of momo gurus using conspiracy theories and the momo crowd falling victim to momo gurus. There is aggressive momo crowd buying in gold ETF (GLD) and silver ETF (SLV). The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying from very oversold conditions. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 7017 as of this writing. S&P 500 futures resistance levels are 7200, 7500, and 7700 : support levels are 7000, 6780, and 6500. DJIA futures are down 18 points. Gold futures are at $4952, silver futures are at $87. 79, and oil futures are at $62. 62. MARGIN CALLS, NEGATIVE GAMMA, AND BUY THE DIP FORM UNSTABLE STRUCTURES IN GOLD, SILVER, BITCOIN, AND STOCKS Feb 2, 2026 To gain an edge, this is what you need to know today. Unstable Structures Please click here for a chart of silver futures (SI_F). Note the following: The chart shows a 41% drop in silver futures in less than three days. The drop occurred when exchanges across the globe raised margin requirements and the momo crowd could not meet the new margin requirements. This led to forced liquidation of many momo crowd accounts. In The Arora Report analysis, prior to the drop, the price of an average momo account on silver was around $105. The chart shows silver fell under $72. In contrast, long time members of The Arora Report are long silver from an average of $13. 96. The Arora Report gave a signal to take partial profits on silver when silver futures were trading at $114. In The Arora Report analysis, the price of an average momo account on gold is about $4800. Gold futures have traded as low as $4407. In contrast, long time members of The Arora Report are long gold from an average of $1103. The Arora Report gave a signal to take partial profits on gold when gold futures were trading at $5111. Momo gurus, who until recently never touched gold or silver but ignited the silver rally with conspiracy theories and rumors, are back in force urging their followers who still have money left to buy gold and silver. In the early trade, there is aggressive momo crowd buying in gold ETF (GLD) and silver ETF (SLV). Over the weekend, bitcoin fell below the psychologically important level of $80,000 and then traded under $75,000. A critical level for bitcoin is $76,038. This is the average price of bitcoins held by Michael Saylor’s company Strategy (MSTR). Strategy owns 712,647 bitcoins. The proximate reason for the fall in bitcoin is margin calls and forced liquidation of momo crowd accounts. In the early trade, the carnage in gold, silver, and bitcoin is spilling over to the momo crowd’s favorite tech stocks. Many momo crowd accounts are being forced to sell their favorite stocks to meet margin calls. In The Arora Report analysis, investors who want to buy the dip as well as those who want to short sell here need to be extremely careful. The reason is market maker positions now have negative gamma. In plain English this means when silver, gold, or the momo crowd’s favorite tech stocks start going up, market makers will be forced to buy. Conversely, if silver, gold, or the momo crowd’s favorite tech stocks start going down, market makers will be forced to sell. All of the foregoing combines to form unstable structures in gold, silver, bitcoin, and stocks. Certainly, with the benefit of hindsight, if markets move up from here, many will say they should have bought. Conversely, if markets drop from here many will say they should have short sold. Prudent investors need to keep in mind that you cannot trade based on hindsight. When the market structures are so unstable, the risk is very high in buying or short selling. It is best to stand aside unless there is a special situation. Due to its massive commitment to OpenAI, Oracle (ORCL) has turned from an attractive AI investment into a high risk high reward investment. There has been a question as to how Oracle is going to finance all of the spending it has committed to support OpenAI’s business. Now, we know the answer. Oracle is planning a large debt and stock offering. ISM Manufacturing Index data will be released at 10am ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is indeterminable due to unstable market structures. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil President Trump says the U. S. is in talks with Iran This is pressuring oil. The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6939 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are up 15 points. Gold futures are at $4722, silver futures are at $81. 28, and oil futures are at $62. 00. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 By Nigam Arora As semiconductors go, Qualcomm Inc (QCOM) is an inexpensive stock. A further dip in QCOM will become a buying opportunity. Here are the key points: QCOM licenses technology or provides chips for the vast majority of smartphones in the world. Demand remains strong. QCOM earnings are being hurt because smartphone manufacturers are becoming memory constrained. Memory is being diverted to AI data centers. Sooner or later, a fair amount of AI will be done at the edge. QCOM is the leader in edge AI. QCOM products are beginning to gain traction in data centers. QCOM is expanding its footprint in automotive. Eventually, QOM will play a major role in robotics. Zones Since memory remains in short supply. It is important to remain disciplined and wait for a further dip. For those following the Good Way, the Buy Now rating is *** (To see the locked content, please take a 30 day free trial). For those following the Best Way, the buy zone $*** - $***. The recommended quantity is ***% - ***%. This is a very long term position. The very long term target zone is $287 - $311. What To Do Now Those in QCOM may consider continuing to hold. Those not in QCOM may consider following the parameters given above. Note: Signal(s) to enter, add, reduce, exit, hold or change. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BITO, BTCUSD, FBTC, GBTC, GDX, GLD, GOLD, GOOG, GOOGL, HIMS, IBIT, MARKETS, NVO, OIL, QQQ, SIL, SILVER, SLV, SPY By Nigam Arora To gain an edge, this is what you need to know today. AI Cap Ex Please click here for a chart of Google stock (GOOG). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of GOOG stock is being used to illustrate the point. The chart shows the spike up when Alphabet released earnings. Earnings were better than the consensus and whisper numbers. The chart shows steady decline in Alphabet stock after the initial spike up. The proprietary Arora Report VUD indicator on the chart shows net supply of Alphabet stock after earnings release. The VUD indicator is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand. Here are the reasons GOOG stock dropped after great earnings: Google is reporting a jaw dropping $175B - $185B for capital spend in 2026 vs. $115B consensus. Some investors are concerned about the high level of capital spend. Times have changed – until recently, the stock market rewarded higher capital spend on AI. GOOG stock is overowned. When a stock is overowned, there are not many buyers left to drive it higher and the slightest selling can accelerate. Going into earnings, sentiment on GOOG was extremely positive. Extremely positive sentiment is a contrary signal, i. e. sell. Keep in mind, sentiment is not a precise timing indicator. One of the tells for the entire stock market will be if bulls in Alphabet stock are able to stage a comeback and drive Alphabet stock to a new high. In The Arora Report analysis, Alphabet’s jaw dropping capital spend affirms what The Arora Report has been sharing with you since 2022. Our call since 2022 has been that AI is real and a fortune is to be made all the way to 2030. However, it will not be in a straight line, and at times it will be treacherous. Money is to be made from both the long and short sides as many companies get disrupted. Investors will need expert guidance. In the Morning Capsule before the stock market opened on Monday, The Arora Report shared with you that market structures in stocks, gold, silver, and bitcoin had become unstable. So far, that call has proven spot on. Market structures continue to be unstable: Last night, silver dropped 15% in a matter of seconds due to margin calls in China. Margin calls in China also hit gold. Expect the momo crowd in the U. S. that has been aggressively buying gold ETF (GLD), silver ETF (SLV), gold miner ETF (GDX), and silver miner ETF (SIL) to be hit with margin calls. Bitcoin took another leg down when Treasury Secretary Bessent disappointed bitcoin promoters by saying he did not have the authority to bailout bitcoin. It was followed with more disappointment when Bessent said the government cannot tell banks to bailout bitcoin. Margin calls on bitcoin continue. In the U. S. , the holders of bitcoin ETFs such as IBIT, BITO, FBTC, and GBTC are also the holders of silver ETF SLV and speculative tech stocks. Expect many such accounts to get margin calls. In The Arora Report analysis, the two main reasons behind the instability are: Wall Street’s positioning Momo crowd’s excessive use of leverage It is not only to the downside. Prudent investors need to keep in mind that due to the frequent negative gamma positioning of market makers, if any of these markets start going up, the move will be amplified to the upside. Jobless claims unexpectedly increased. Initial jobless claims came at 231K vs. 210K consensus. In The Arora Report analysis, the rise in jobless claims is temporary due to the extreme cold. In noteworthy news, Hims & Hers Health (HIMS) will start selling a $49 per month copycat version of Novo Nordisk’s (NVO) weight loss drug Wegovy. It is not clear how the government will enforce intellectual property laws here. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are neutral in Apple (AAPL) and Nvidia (NVDA). In the early trade, money flows are negative in Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Bitcoin is under $70K as of this writing. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6866 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are down 197 points. Gold futures are at $4853, silver futures are at $75. 63, and oil futures are at $63. 47. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMD, BTCUSD, CRM, GDX, GLD, GOLD, LLY, LZ, MARKETS, MSTR, NVO, OIL, QQQ, SILVER, SLV, SPY By Nigam Arora To gain an edge, this is what you need to know today. AI Disruption Fears (Fear Overtakes Greed) Please click here for a chart of Salesforce stock (CRM). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of CRM stock is being used to illustrate the point. Salesforce is a component of the Dow Jones Industrial Average (DJIA). Salesforce is the biggest giant in customer relationship software. The chart shows when the institutional crowd ran up CRM stock on AI euphoria. Salesforce has an AI driven platform called Salesforce Agentforce that is designed to rapidly deploy AI agents. The chart shows the let down when the sales of Agentforce did not meet the very high expectations and the institutional crowd sold. The chart shows zone 1 has been a support zone until recently. The chart shows CRM stock repeatedly bounced off of the support zone. Institutions have been the primary buyers, hoping Agentforce would eventually succeed. The chart shows the breakdown below zone 1. The chart shows fear of AI disruption creeping up yesterday causing a major selloff. The selloff yesterday was widespread across the software, wiping about $300B in market value. The chart shows that volume on the selloff was high. This indicates distribution. In The Arora Report analysis, a vast majority of the selling in CRM stock is from institutions. The chart of CRM stock is an example of how at times institutions behave no different than the momo crowd. At times, institutions move like a herd of sheep, just like the momo crowd. Keep in mind, the momo crowd has two distinct segments: Retail momo crowd Institutional and professional money manager momo crowd Members of The Arora Report have benefited for nearly two decades from smart money flows. CRM stock’s fate has been foretold as there has not been any smart money buying. The proximate cause of yesterday’s selloff in software was Anthropic releasing a new AI legal tool and also releasing plugins for finance and customer service. On Monday, OpenAI released a new version of its tool called Codex that works similar to what Anthropic is building. In The Arora Report analysis, indiscriminate selling in software is wrong. As we have been sharing with you, many companies will be disrupted and that will offer opportunities from the short side. For example, ZYX Short has a new signal on LegalZoom (LZ). On the other hand, as software valuations come down, there will be many opportunities from the long side. ADP employment change data shows that the private sector added 22K jobs vs. 43K consensus in January. ISM Services Index data will be released at 10am and may be market moving. As we previously shared with you, ISM Manufacturing Index was a big surprise to the upside and triggered a stock market rally on Monday. Much anticipated earnings from Advanced Micro Devices (AMD) are below the consensus and whisper numbers. AMD stock is down about 10%. In the weight loss drug business, yesterday Novo Nordisk (NVO) stock experienced a major drop when NVO lowered its guidance due to competition in the U. S. This morning, Eli Lilly (LLY) reported earnings better than the consensus and whisper numbers and the stock is up about 8%. LLY is in the ZYX Buy Core Model Portfolio, long from an average of $318. 45. It is trading at $1086 as of this writing in the premarket. This represents a gain of 241%. In Monday’s Morning Capsule, we shared with you that market structures were unstable due to negative gamma and market makers would move in whichever direction the market was moving, exacerbating the move. On Monday, the move was to the upside. Yesterday, the move was to the downside. In The Arora Report analysis, market structures continue to be unstable. The most unstable structures are in gold and silver. These unstable structures are amplifying the move up in gold ETF (GLD), silver ETF (SLV), and gold miner ETF (GDX). As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL) and Alphabet (GOOG). In the early trade, money flows are neutral in Amazon (AMZN) and Microsoft (MSFT). In the early trade, money flows are negative in Meta (META), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a draw of 11. 1M barrels vs. consensus of a build of 0. 7M barrels. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin So far, rally attempts in bitcoin (BTC. USD) have failed. Bitcoin is now trading below Michael Saylor’s company Strategy’s (MSTR) average price of $76,038. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6945 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are up 66 points. Gold futures are at $5076, silver futures are at $91. 45, and oil futures are at $63. 01. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, EPI, FFXDF, GLD, GOLD, IGV, MARKETS, OIL, PLTR, QQQ, SILVER, SLV, SPY, TER By Nigam Arora To gain an edge, this is what you need to know today. AI Revenues Please click here for a chart of Palantir stock (PLTR). Note the following: The chart shows the jump up in PLTR stock on earnings. RSI on the chart shows PLTR stock is not overbought even after the jump and has room to run. The chart shows that prior to earnings PLTR stock had fallen. This drop was due to software stocks in general falling, as represented by software ETF (IGV). As a member of The Arora Report, you have known since 2022 that AI would disrupt many software companies. The stock market has only recently been catching on to the disruption. The paradox here is that Palantir sells only AI software and is not going to be disrupted. Yet, Palantir stock has fallen along with other software stocks. The reason is PLTR stock is very expensive, and as the PE multiples of other software stocks come down, they also bring down Palantir’s valuation. The chart shows that now is the third time PLTR stock is bouncing from the top band of zone 1 (support). This is the hallmark of a very strong stock. Palantir earnings were significantly above consensus and whisper numbers. Here are the noteworthy points: Palantir sees Q1 revenue of $1. 532B - $1. 536B vs. $1. 33B consensus. Palantir sees FY26 revenue of $7. 182B - $7. 198B vs. $6. 28B consensus. In Q4, Palantir revenue growth rate was 70% year-over-year, the highest ever. Prudent investors should note that the rise in PLTR stock is mostly due to momo crowd buying. This increases the risk. PLTR is long from an average of $20. 15 in the ZYX Buy Core Model Portfolio. Long time members of The Arora Report have a gain of 714%. In a noteworthy development, Teradyne (TER), with business in semiconductor testing, product testing, and robotics, reported blow out earnings. The demand is being driven by AI. There will be signals in ZYX Buy on TER and its competitors when appropriate. Elon Musk is merging SpaceX with xAI. This is creating a lot of excitement for the upcoming SpaceX IPO. SpaceX will become the largest vertically integrated AI company. In The Arora Report analysis, SpaceX has the potential to become the most valuable company in the world if it succeeds with AI data centers in space. SpaceX is seeking permission from regulators to launch 1M satellites. For those who want next level information, there is a new follow up podcast titled “WHAT XAI MERGER MEANS FOR THE SPACEX BACKDOOR” in Arora Ambassador Club. ISM Manufacturing Index released yesterday came at 52. 6% vs. 48. 3% consensus. This was a surprise expansion of manufacturing in the U. S. The data triggered heavy buying in stocks. In yesterday’s Morning Capsule, we wrote: The reason is market maker positions now have negative gamma. In plain English this means when silver, gold, or the momo crowd's favorite tech stocks start going up, market makers will be forced to buy. Once the buying came in due to ISM Manufacturing data, due to market maker positioning with negative gamma, the stock market went higher. In the afternoon blind money came in. Blind money is the money that flows into the stock market on the first two days of the month without any analysis or regard for market conditions. Blind money will continue flowing into the stock market this afternoon. JOLTS job openings data is delayed. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. India President Trump and Prime Minister Narendra Modi have reached an agreement. President Trump is cutting tariffs from 50% to 18%. India will buy oil from the US and Venezuela and stop buying oil from Russia. Tariffs on India are lower than tariffs on Pakistan, Bangladesh, and Vietnam. This will help traditional Indian exports. Stocks in India surged 2%. For the long term investor, India is the best growth opportunity among large economies. ZYX Emerging has covered India for 19 years continuously. India ETF (EPI) has a gain of 354% for long term members of The Arora Report. Of note is a special situation in an India focused fund Fairfax India Holdings (FFXDF). The fund was founded by Prem Watsa, also known as the Warren Buffett of Canada. FFXDF position in ZYX Buy Core Model Portfolio has nice gains. There are also trade around positions on FFXDF and EPI. Trade around positions are a technique used by billionaires and hedge funds to dramatically increase returns and reduce risk. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Meta (META). In the early trade, money flows are negative in Apple (AAPL) and Microsoft (MSFT). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Gold and silver had become very oversold. Oversold markets tend to bounce, and that is exactly what is happening in gold and silver. Some of the buying is a result of momo gurus using conspiracy theories and the momo crowd falling victim to momo gurus. There is aggressive momo crowd buying in gold ETF (GLD) and silver ETF (SLV). The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying from very oversold conditions. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 7017 as of this writing. S&P 500 futures resistance levels are 7200, 7500, and 7700 : support levels are 7000, 6780, and 6500. DJIA futures are down 18 points. Gold futures are at $4952, silver futures are at $87. 79, and oil futures are at $62. 62. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, GLD, GOLD, MARKETS, MSTR, OIL, ORCL, QQQ, SILVER, SI_F, SLV, SPY By Nigam Arora To gain an edge, this is what you need to know today. Unstable Structures Please click here for a chart of silver futures (SI_F). Note the following: The chart shows a 41% drop in silver futures in less than three days. The drop occurred when exchanges across the globe raised margin requirements and the momo crowd could not meet the new margin requirements. This led to forced liquidation of many momo crowd accounts. In The Arora Report analysis, prior to the drop, the price of an average momo account on silver was around $105. The chart shows silver fell under $72. In contrast, long time members of The Arora Report are long silver from an average of $13. 96. The Arora Report gave a signal to take partial profits on silver when silver futures were trading at $114. In The Arora Report analysis, the price of an average momo account on gold is about $4800. Gold futures have traded as low as $4407. In contrast, long time members of The Arora Report are long gold from an average of $1103. The Arora Report gave a signal to take partial profits on gold when gold futures were trading at $5111. Momo gurus, who until recently never touched gold or silver but ignited the silver rally with conspiracy theories and rumors, are back in force urging their followers who still have money left to buy gold and silver. In the early trade, there is aggressive momo crowd buying in gold ETF (GLD) and silver ETF (SLV). Over the weekend, bitcoin fell below the psychologically important level of $80,000 and then traded under $75,000. A critical level for bitcoin is $76,038. This is the average price of bitcoins held by Michael Saylor’s company Strategy (MSTR). Strategy owns 712,647 bitcoins. The proximate reason for the fall in bitcoin is margin calls and forced liquidation of momo crowd accounts. In the early trade, the carnage in gold, silver, and bitcoin is spilling over to the momo crowd’s favorite tech stocks. Many momo crowd accounts are being forced to sell their favorite stocks to meet margin calls. In The Arora Report analysis, investors who want to buy the dip as well as those who want to short sell here need to be extremely careful. The reason is market maker positions now have negative gamma. In plain English this means when silver, gold, or the momo crowd’s favorite tech stocks start going up, market makers will be forced to buy. Conversely, if silver, gold, or the momo crowd’s favorite tech stocks start going down, market makers will be forced to sell. All of the foregoing combines to form unstable structures in gold, silver, bitcoin, and stocks. Certainly, with the benefit of hindsight, if markets move up from here, many will say they should have bought. Conversely, if markets drop from here many will say they should have short sold. Prudent investors need to keep in mind that you cannot trade based on hindsight. When the market structures are so unstable, the risk is very high in buying or short selling. It is best to stand aside unless there is a special situation. Due to its massive commitment to OpenAI, Oracle (ORCL) has turned from an attractive AI investment into a high risk high reward investment. There has been a question as to how Oracle is going to finance all of the spending it has committed to support OpenAI’s business. Now, we know the answer. Oracle is planning a large debt and stock offering. ISM Manufacturing Index data will be released at 10am ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) in stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is *** due to unstable market structures. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil President Trump says the U. S. is in talks with Iran. This is pressuring oil. The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6939 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are up 15 points. Gold futures are at $4722, silver futures are at $81. 28, and oil futures are at $62. 00. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, GC_F, GLD, GOLD, MARKETS, OIL, QQQ, SILVER, SLV, SPY By Nigam Arora To gain an edge, this is what you need to know today. Fed Chair Please click here for a chart of gold futures (GC_F). Note the following: The chart shows yesterday gold had a $5. 5T swing. This is an extraordinarily large swing. Retail momo crowd was going all in in gold ETF (GLD) and silver ETF (SLV) in the early morning before the major drop. When retail buying was exhausted, that is when gold fell. The chart shows gold bulls aggressively bought the dip. The chart shows when speculation started building last night that President Trump would nominate Kevin Warsh as the next Fed Chair. The chart shows persistent selling after the Warsh speculation started. The chart shows selling in gold has continued after President Trump announced Warsh as his pick for the next Fed Chair. As shown on the chart, gold is experiencing extreme volatility, but the volatility in silver is even more dizzying. In one day, silver futures have traded in the range of $95. 12 - $118. 45, i. e. 24. 5%. Before reading the following, it is worth a reminder that the Arora Report is politically agnostic. Our sole job is to help investors. Irrespective of your opinion of President Trump, in The Arora Report analysis, President Trump picking Warsh is a brilliant move. Some see the pick as a contradiction because Warsh has a history of being ultra hawkish, and President Trump is ultra dovish. In The Arora Report analysis, there is no contradiction, just pure, strategic brilliance for President Trump to get interest rates lower. The reason is FOMC has 19 members and only 12 vote. A vast majority of the members are not going to go along with President Trump’s desire to significantly lower interest rates. The Fed Chair has only one vote and thus cannot accomplish dovish policy unless he succeeds at persuading other members. The brilliance is a Fed Chair who is an ex-hawk has more credibility and a better shot at convincing other FOMC members to lower interest rates. At one time, there were many contenders for the Fed Chair job. Before the list was narrowed to four, The Arora Report shared in a podcast in Arora Ambassador Club that indications pointed to Kevin Warsh as the lead candidate. The podcast addressed why Kevin Warsh might be picked. Of note is that the Arora Report never did a podcast on any other candidate for Fed Chair. Producer Price Index (PPI) came hotter than expected. Here are the details: Headline PPI came at 0. 5% vs. 0. 2% consensus. Core PPI came at 0. 7% vs. 0. 3% consensus. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL), Microsoft (MSFT), and Tesla (TSLA). In the early trade, money flows are negative in Amazon (AMZN), Alphabet (GOOG), Meta (META), and Nvidia (NVDA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is *** but expect the market to open ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6957 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are down 261 points. Gold futures are at $5038, silver futures are at $97. 44, and oil futures are at $65. 04. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, CPER, FCX, FQVLF, GC_F, GOLD, MARKETS, META, MSFT, OIL, QQQ, SILVER, SPY, TSLA By Nigam Arora To gain an edge, this is what you need to know today. Short Squeeze Please click here for a chart of gold futures (GC_F). Note the following: The chart shows gold rocketed in a vicious short squeeze. The chart shows when FOMC released its statement and left interest rates unchanged. The chart shows when Fed Chair Powell spoke. Wall Street was positioned for gold to pull back if Fed Chair Powell was hawkish. In the press conference, Fed Chair Powell was decidedly hawkish. Most importantly, Fed Chair Powell, for the first time this cycle, echoed what has been The Arora Report's view for a while about the neutral rate. This is not a surprise to long time members of The Arora Report as for the last 19 years, The Arora Report has been consistently ahead of the Fed, often with calls that are contrary at the time they are made but ultimately prove correct. Contrary to the prevailing Wall Street wisdom, Fed Chair Powell admitted that the Fed is in the top range of the neutral rate. Fed Chair Powell’s statement encouraged short sellers to push the pedal on the short side on gold to add to their existing short positions on gold. Wall Street and short sellers were proven right about what Fed Chair Powell would say but wrong about the reaction function. One of the reasons predicting markets is so much harder than other professions is the reaction function is unpredictable. In this case, short sellers were right about the event, but it turned out they were wrong about the reaction in gold. In The Arora Report analysis, the reason behind the short squeeze in gold is Wall Street’s positioning. Understanding positioning can give investors a big edge. For those who want the edge, listen to the podcast titled “MARKET MECHANICS: POSITIONING” in Arora Ambassador Club. To get on the waitlist to join the club, please click here fill out the form. The chart is also an important learning moment for those who want to be great investors. Prudent investors should note that the ZYX Short service from The Arora Report is very active in short selling, but The Arora Report did not give a short term trade for short selling gold when that was the popular trade going into the Fed announcement and Fed Chair Powell’s press conference. There are two reasons: The Arora Report provides a 360 degree analysis. The Arora Report saw Wall Street’s positioning in the short term was massively short, and as such, there was a high probability of a short squeeze. Most Wall Street models are static. They work for a while, but they stop working when market conditions change. To the best of our knowledge, the ZYX Asset Allocation Model from The Arora Report is the only model that has a consistent track record of performing over 19 years in both bull and bear markets. The secret is that the model is adaptive, i. e. the model changes itself to market conditions. Please click here to see how adaptiveness is achieved. The model was a result of Nigam’s work on artificial intelligence long before artificial intelligence became pervasive. President Trump says a ‘massive armada’ has reached the Middle East. President Trump is telling Iran time is running out to make a deal. Iran is threatening to retaliate. In The Arora Report analysis, given the sophistication of U. S. weapons as demonstrated in Venezuela, it is not clear if Iran has the capability to retaliate. Further, in The Arora Report analysis, prudent investors should note the Strait of Hormuz is a choke point in oil trade. The conventional wisdom is that Iran is capable of choking the strait. In The Arora Report analysis, Iran is producing about 2M barrels per day of oil in spite of heavy sanctions. The reason is that neither President Biden nor President Trump have enforced the sanctions. Both have been fixated on keeping gas prices low in the U. S. and thus have ignored massive exports of Iranian oil to China in violation of the sanctions. Brent crude is hitting $70. As a reference, brent was trading at $59 only recently. Chinese speculators have gone manic after copper. Copper has traded above $14,000 per ton. There are nice gains on the copper ETF position CPER in ZYX Allocation Core Model Portfolio. A major copper producer Freeport-McMoRan (FCX) is in the ZYX Buy Core Model Portfolio. ZYX Buy also has a special situation position in copper producer First Quantum Minerals (FQVLF). Both of these positions have large gains. Meta (META) stock is rocketing after earnings. Meta has demonstrated it is making profits from using AI for advertising. Microsoft (MSFT) reported solid earnings, but MSFT stock is down as Wall Street is myopically focused on Azure growth coming at 39% vs. 40%. Tesla (TSLA) reported a first ever decline in revenue, but TSLA stock is no longer about cars. Tesla is now all about robotaxis and humanoid robots. Initial jobless claims came at 209K vs. 205K consensus. Producer Price Index (PPI) will be released tomorrow at 8:30am ET. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are neutral in Nvidia (NVDA). In the early trade, money flows are negative in Amazon (AMZN), and Microsoft (MSFT). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is *** as it will depend on President Trump’s statement about Iran. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 7023 as of this writing. S&P 500 futures resistance levels are 7200, 7500, and 7700 : support levels are 7000, 6780, and 6500. DJIA futures are up 10 points. Gold futures are at $5543, silver futures are at $119. 90, and oil futures are at $65. 55. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, EWY, GOLD, HXSCL, MARKETS, MU, OIL, QQQ, SILVER, SNDK, SPY, SSNLF, STX, TXN, WDC By Nigam Arora To gain an edge, this is what you need to know today. Memory Supercycle Please click here for a chart of Micron stock (MU). Note the following: The trendline on the chart shows MU stock has gone parabolic on AI demand for high bandwidth memory. Disk drive maker Seagate (STX) reported earnings better than consensus and whisper numbers. Comments from Seagate indicate the storage and memory supercycle driven by AI has further to go. The chart shows MU stock is gapping up on comments by Seagate. Earnings from NAND memory maker Sandisk (SNDK) and disk drive maker Western Digital (WDC) are ahead. They will provide further clarity on the memory and storage demand driven by AI. RSI on the chart shows MU stock is very overbought. Members of The Arora Report are long MU stock from an average of $21. 77 and have a gain of 1843%. The Arora Report gave a signal yesterday to take partial profits on MU stock. There is a high probability of a short squeeze in MU stock. If a short squeeze occurs, it can drive MU stock over $500. Conversely, if there is no short squeeze and earnings from WDC or SNDK disappoint, MU stock is vulnerable to a pullback because it is so overbought. Stocks in South Korea are jumping again. Now KOSPI has a gain of about 29% in January alone. The gains in KOSPI are driven by two memory makers Samsung Electronics (SSNLF) and SK Hynix (HXSCL). On April 9, 2025 in ZYX Emerging, The Arora Report gave a signal to buy South Korea ETF (EWY) as one of the top countries to consider. At the time of the signal, EWY was trading at $48. 91. EWY is trading at $125. 38 as of this writing in the premarket, providing members of The Arora Report with a gain of 156%. This illustrates the importance of paying attention to markets outside of the U. S. ZYX Emerging is a rare service with a great track record that has continuously covered 15 emerging markets for the last 19 years. South Korea’s Trade Minister Yeo Han-koo is set to be in Washington DC to talk with Trade Representative Jamieson Greer. If President Trump backs off from his threat to raise tariffs on Korea goods from 15% to 25%, Korean stocks can take another leg higher. South Korea was the best performing stock market in Asia in 2025. Texas Instruments (TXN) has accomplished something it has not done in 16 years – it is projecting Q1 revenue higher than Q4 revenue. Texas Instruments is mostly a supplier of analog chips. Recovery in analog chips for industrial and automotive applications is still moderate. TXN stock is benefiting from orders from AI data centers. In The Arora Report analysis, in the long run, TXN will be a major beneficiary of humanoid robots. TXN is in ZYX Buy in the portfolio that surrounds that Core Model Portfolio and the position is nicely profitable. The stock is jumping up about 8% as of this writing in the premarket. Yesterday, the dollar fell the most in a single day since the April 2025 tariff related drop. The trigger was President Trump’s comment that he was not concerned about falling dollar. As the dollar fell, it brought in significant buying in stocks, gold, silver, and oil. In The Arora Report analysis, all of this is great in the short term but is detrimental to the U. S. in the long run. Consumer Confidence fell to 84. 5 in January vs. 90. 0 consensus. In The Arora Report analysis, the steep drop in confidence is coming from working class people who do not own stocks or houses. Here is a key question for prudent investors: How long is this K-shaped economy sustainable? The Fed rate decision will be announced today at 2pm ET, followed by Fed Chair Powell’s press conference at 2:30pm ET. In The Arora Report analysis, there is an 85% probability of no rate change. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), Microsoft (MSFT), Meta (META), and Tesla (TSLA). In the early trade, money flows are negative in Apple (AAPL). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and positive in Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a draw of 0. 247M barrels vs. a consensus of a build of 1. 45M barrels. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 7022 as of this writing. S&P 500 futures resistance levels are 7200, 7500, and 7700 : support levels are 7000, 6780, and 6500. DJIA futures are down 61 points. Gold futures are at $5261, silver futures are at $114. 34, and oil futures are at $63. 40. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: MRK, RVMD By Nigam Arora Buyout Talks Revolution Medicines (RVMD) was in talks to be acquired by Merck (MRK). The deal was valued around $30B. Apparently, Revolution Medicines wants a higher offer than Merck is willing to extend at this time. In The Arora Report analysis, this indicates Revolution Medicines has enough confidence in its drug that it is willing to forego a great offer. Revolution Medicines is developing drugs that block a driver of cancer in pancreatic, lung, and colon cancer. Buyout Target Revolution Medicines still remains a buyout target. Zones The buy zone is $*** (To see the locked content, please take a 30 day free trial)- $*** to scale in. The maximum recommended quantity is ***%, but reduce it based on personal risk preference. The stop zone is $***- $*** to scale out. Note, stops may not protect you because the stock can gap down. The best defense is to control the quantity. Please see the Trade Management Guidelines section in the Real Time Feeds titled "First Line Of Risk Control. ” The target is difficult to determine at this time. If the drug works for multiple indications, the RVMD stock has the potential to quadruple. On the other hand, it is important to know that if there is disappointment, RVMD stock can lose 80% - 90% of its value. Biotech Risk Biotechs are inherently risky. Please read the "Speculative Position" section of the Trade Management Guidelines. Profiting From Buyouts To date, 224 Arora Portfolio companies have been bought out, producing large gains for members who routinely invest in buyout targets. This performance is better than the firms that charge $50,000 per year and provide buyout advice. With The Arora Report, you get so much more. Signal Limited is a Signal(s) with a great record in similar situations but does not meet all of the stringent criteria for a Signal. Typically Signal Limited has higher risk-reward compared to a Signal over the short term. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AAPL, BTCUSD, CRWV, GC_F, GDX, GLD, GOLD, HL, IREN, MARKETS, META, MSFT, NBIS, NEM, NOW, OIL, QQQ, SIL, SILVER, SLV, SPY, STX, TSLA, TXN, WDC By Nigam Arora To gain an edge, this is what you need to know today. Yen Surge Please click here for a chart of gold futures (GC_F). Note the following: The chart shows that gold surged past the magnet like a hot knife through butter. The 200 day moving average on the chart shows the gold move is very overextended. RSI on the chart shows gold is overbought and vulnerable to a pullback. Along with gold, silver is also surging. Silver is experiencing a significant short squeeze. The momo crowd is rushing to buy gold ETF (GLD), silver ETF (SLV), gold miner ETF (GDX), gold miner Newmont (NEM), silver miner Hecla Mining (HL), and silver miner ETF (SIL) like there is no tomorrow. Smart money is not buying. The immediate trigger for the latest surge in gold is the surge in yen. The yen surged after Japanese and U. S. authorities indicated they were ready to step in to intervene in the markets. Japan’s Prime Minister Takaichi said the government will take steps against speculators. As a result of the surge in yen, stocks in Japan fell with Nikkei 225 falling 1. 8%. In The Arora Report analysis, U. S. authorities have a good reason to help Japan. Without the U. S. ’s help, Japan will sell U. S. Treasuries to finance an intervention. Japan selling U. S. Treasuries will not be good for the U. S. Yields in Japan declined, and Japanese government bonds (JGB) rose. As we have been sharing with you, Japan is very important to the U. S. markets due to the carry trade. In the carry trades, funds have borrowed hundreds of billions of dollars in Japan and invested in U. S. markets. The surge in yen is weighing on U. S. stocks, especially tech stocks. On the other hand, declining yields in Japan are helpful to U. S. stocks. It is highly nuanced as some funds are hedged against currency moves while some are not. President Trump is threatening to impose 100% tariffs on Canada if Canada proceeds with a trade deal with China. Canada is backing off. This is bringing in buying after an initial sell off in stocks in the early trade. The FOMC meeting will start tomorrow. The Fed’s rate decision will be released on Wednesday at 2pm ET followed by Fed Chair Powell’s press conference. In The Arora Report analysis, there is an 85% probability of no rate cut. Important earnings are ahead this week: Among Magnificent Seven earnings, earnings from Apple (AAPL), Tesla (TSLA), Microsoft (MSFT), and Meta (META) are ahead this week. Memory and storage stocks have been some of the hottest stocks in the market as AI has significantly increased demand. The rally will be tested when Western Digital (WDC) and Seagate Technology (STX) report earnings this week. Software stocks have been crushed on AI fears. Earnings from ServiceNow (NOW) will be insightful. While semiconductor stocks that cater to AI have been strong, stocks of companies that produce mainly analog semiconductors have been weak. Earnings from Texas Instruments (TXN) will be insightful. In due course, TXN will be a major beneficiary of humanoid robots. Data center stock CoreWeave (CRWV) is surging on the news of Nvidia’s (NVDA) investment. Sympathy buying is also coming into data center stocks IREN (IREN) and Nebius (NBIS). Durable orders data is strong. Durable orders came in at 5. 3% vs 1. 1% consensus. Durable orders ex-transportation came at 0. 5% vs 0. 3% consensus. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL) and Meta (META). In the early trade, money flows are neutral in Amazon (AMZN) and Microsoft (MSFT). In the early trade, money flows are negative in Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6946 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are up 31 points. Gold futures are at $5071, silver futures are at $109. 86, and oil futures are at $60. 81. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BABA, BTCUSD, BTGO, CRML, GC_F, GLD, GOLD, INTC, ITA, MARKETS, MU, NVDA, OIL, QQQ, RTX, SILVER, SI_F, SNDK, SPX, SPY, SSNLF, STX, TSLA, WDC By Nigam Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' MONEY FLOWS OUT OF CRYPTO INTO SILVER, STOCK RALLY STALLS ON HAWKISH BOJ, HOTTEST IPO AHEAD Jan 23, 2026 To gain an edge, this is what you need to know today. Money Flowing Into Silver Please click here for a chart of silver futures (SI_F). Note the following: The chart shows a strong move in silver. The chart shows silver is now a hair close to the magnet of $100. Gold is close to the magnet of $5000. The short term move in silver is exacerbated by two factors: Money is moving out of cryptos and into silver. Short squeeze Prudent investors should note this is proof positive that many so-called crypto die-hards did not really believe in cryptos. They were in cryptos simply because cryptos were moving up. Now that cryptos have stalled and silver is moving, these same investors have become the biggest silver bulls. None of this should surprise members of The Arora Report. Members of The Arora Report well know this is how the momo crowd works. The Arora Report provides momo crowd and smart money flows data in the Morning Capsules. Momo crowd flows are good for short term trades but not for longer term investments. For longer term investments, investors should consider following smart money flows. Following the momo crowd and smart money flow data gives investors a big edge. The U. S. stock rally has stalled in the early trade on hawkish Bank of Japan (BOJ). Due to the carry trade, Japan is important for U. S. markets. BOJ held rates as expected but the tone is definitely hawkish. BOJ has raised four of its six inflation projections. In London trading, yen quickly spiked up versus the dollar. In The Arora Report analysis, Japan may have done rate checks with banks as a prelude to intervention. Japan’s finance minister Katayama said she was watching the yen closely. Japan’s snap election is set for February 8. Elon Musk’s SpaceX is likely to be the hottest IPO in a decade. SpaceX is the largest private company. There is speculation that the IPO valuation will be about $1. 5T. SpaceX has now lined up bankers. In The Arora Report analysis, in a deliberate strategy to run up SpaceX stock post IPO, bankers are likely to create artificial scarcity. Scarcity will likely be achieved by offering $20B - $30B worth of stock out of $1. 5T. Those who want next level information and position themselves into SpaceX ahead of time should listen to the podcast titled “A BACKDOOR TO SPACEX — DATA CENTERS IN SPACE. ” The podcast is in Arora Ambassador Club. To get on the waitlist to join the club, please click here. Tesla (TSLA) plans to start selling humanoid robots next year. TSLA stock is in the ZYX Buy Core Model Portfolio. For those wanting next level information, there is a podcast in Arora Ambassador Club. Stocks of memory and disk drive makers Micron (MU), Sandisk (SNDK), Western Digital (WDC), Seagate Technology (STX) have been running up on a rumor that Samsung (SSNLF) is increasing memory prices by 80%. Samsung is denying the rumor, but in the early trade, these stocks continue to levitate. Yesterday, The Arora Report gave a signal to take partial profits in Intel (INTC) prior to release of earnings. At the time of the signal, INTC stock was trading around $54. With the benefit of hindsight, that signal has proven spot on as INTC stock has traded as low as $46. 51 in the premarket. The reason for the drop in INTC stock is that Intel is capacity constrained and lowered the guidance. There will be new signals on INTC in ZYX Buy as appropriate. On the positive side, China is finally advising companies such as Alibaba (BABA) to prepare orders for H200 chips from Nvidia (NVDA). The FOMC meeting is next week. In The Arora Report analysis, there is a 85% probability that the Fed will not cut rates. University of Michigan consumer sentiment will be released at 10am ET and may be market moving. PCE, personal income, and personal spending came roughly inline with consensus. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Nvidia (NVDA). In the early trade, money flows are neutral in Amazon (AMZN) and Alphabet (GOOG). In the early trade, money flows are negative in Apple (AAPL), Meta (META), Microsoft (MSFT), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is buying stocks in the early trade. Smart money is inactive in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is *** (To see the locked content, please take a 30 day free trial). This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6929 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are down 225 points. Gold futures are at $4943, silver futures are at $99. 82, and oil futures are at $60. 99. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. INTEL ROCKETS AS WALL STREET WAKES UP TO CPU DEMAND, STRONG ECONOMIC DATA, GREENLAND RELIEF RALLY Jan 22, 2026 To gain an edge, this is what you need to know today. CPU Demand Please click here for a chart of Intel stock (INTC). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of INTC stock is being used to illustrate the point. The chart shows INTC stock easily rocketed past the prior psychological resistance level of $50. The chart shows the Arora buy zone. The Arora Report gave a signal to buy INTC stock at a time when most analysts were giving sell signals. The reason The Arora Report gave a buy signal was early recognition that AI would eventually drive CPU demand and a prediction that Intel would receive more government support for its foundry business. The chart shows that The Arora Report members now have large gains, more than doubling their money in INTC stock. INTC stock is rocketing now because Wall Street is finally recognizing what The Arora Report previously shared with you. This illustrates the power of getting ahead of the curve. Intel will report earnings after the regular session close. It is a reminder for prudent investors that earnings is always a risk event, both to the upside and the downside. In view of large unrealized gains on INTC stock, it is important to act today before the earnings release. There is a new signal on INTC stock in ZYX Buy. Economic data released this morning is very strong. Initial jobless claims came at 200K vs. 200K consensus. GDP data shows the economy is very strong. Here are the details: Q3 GDP Revised came at 4. 4% vs. 4. 3% consensus. Q3 GDP Deflator Revised came at 3. 8% vs. 3. 7% consensus. Yesterday afternoon, the stock and bond markets experienced a relief rally after President Trump said the U. S. had reached an agreement with Europe on a framework for Greenland and the U. S. would not impose new 10% tariffs on eight European countries. Here is the contour of the framework: The U. S. will get additional bases in Greenland. The U. S. will have total access to Greenland. The U. S. will have first right of refusal on mineral rights. Most importantly, the U. S. will build a part of the Golden Dome defense shield in Greenland. The Golden Dome is the most important U. S. defense initiative in decades. The U. S. government will spend hundreds of billions of dollars on the Golden Dome. The Golden Dome will provide significant opportunities for investors. Prudent investors need to get ahead of the curve. One of the prime beneficiaries of Golden Dome spending is RTX (RTX). RTX is in the ZYX Buy Core Model Portfolio, long from an average of $85. 07. Members of The Arora Report have a gain of 133%. For those who like ETFs, space and defense ETF (ITA) is in the ZYX Allocation Model Portfolio. There are very nice profits on the position. For those who want next level information on generating profits from the Golden Dome, listen to the podcast titled “A Backdoor To The Heart Of Golden Dome. ” The podcast is in Arora Ambassador Club. To get on the waitlist, please click here. October and November PCE data and personal income and spending have been delayed and are set to be released at 10am ET. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a build of 3. 04M barrels vs. a previous build of 5. 27M barrels. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Crypto acorn BitGo (BTGO) priced its IPO at $18, above the price range of $15 - $17. This indicates heavy demand. How BTGO trades will be a test of current enthusiasm for cryptos. This is important because lately some of the most aggressive short term crypto players have been selling crypto and buying silver. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6951 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are up 228 points. Gold futures are at $4813, silver futures are at $93. 15, and oil futures are at $59. 66. TRUMP FRONT AND CENTER,GOLD MAGNET, BESSENT POINTS TO JAPAN FOR MARKET TURMOIL BUT KATAYAMA CALMS THE MARKETS Jan 21, 2026 To gain an edge, this is what you need to know today. Trump Front And Center Please click here for a chart of gold futures (GC_F). Note the following: President Trump’s speech at Davos is front and center. President Trump is speaking as of this writing. The chart shows gold futures are approaching the magnet. The chart shows gold futures are well above the 200 day moving average. On one hand, this indicates momentum and enthusiasm. On the other hand, this indicates there is high risk in buying gold here. The Arora Report members are long gold from an average of $1103 and are now sitting on a gain of about 341%. In The Arora Report analysis, gold has farther to go as the dollar gets debased. Gold can ultimately go to $10,000 if government policies do not change. In the short term, gold is overbought and vulnerable to a pullback. As a member of The Arora Report, you have been ahead of the curve. We have been keeping you informed for a while that interest rates in Japan impact the U. S. markets. Now, Treasury Secretary Bessent is pointing to Japan as the cause of market turmoil in the U. S. On the positive side, Japan’s Finance Minister Katayama has succeeded in calming the markets. In The Arora Report analysis, if interest rates in Japan continue to rise, it could trigger over $100B in selling in the U. S. markets. Tomorrow will bring a flood of economic data at 8:30am ET: PCE data, the Fed’s favorite inflation gauge, for October and November Personal income and spending data for October and November Initial jobless claims Q3 GDP and GDP deflator As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Nvidia (NVDA). In the early trade, money flows are neutral in Apple (AAPL), Meta (META), and Tesla (TSLA). In the early trade, money flows are negative in Amazon (AMZN), Alphabet (GOOG), and Microsoft (MSFT). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6819 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are down 168 points. Gold futures are at $4876, silver futures are at $94. 46, and oil futures are at $60. 70. TAKAICHI FOLLY AND TRUMP AMBITION TRIGGER STOCK MARKET SELL OFF, CHAGOS ISLANDS ‘STUPIDITY’ Jan 20, 2026 To gain an edge, this is what you need to know today. Crosscurrents Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market almost reaching the magnet. The chart shows the stock market is pulling back aggressively in the early trade today. The chart shows that major support zone 1 is far away. Concern is building that the stock market could quickly reach zone 1, depending upon how geopolitical events unfold. RSI on the chart has quickly dropped almost to the top band of the oversold zone. This indicates that without any new geopolitical news, the stock market is also set up for a sharp rebound. Two geopolitical events have triggered selling this morning: Prime Minister Takaichi’s ambition to win the election in Japan President Trump’s ambition for the U. S. to own Greenland As we have been sharing with you, Japan is very important to the U. S. market due to the carry trade. In the carry trade, funds have borrowed very large amounts in Japan in yen and invested the money in U. S. markets. To win the election, Prime Minister Takaichi wants to cut taxes. However, it is not clear what the funding source is. This is spooking the bond market in Japan. The yield on the 40 year Japanese Government Bond (JGB) has crossed above 4% for the first time ever. As yields in Japan rise, the borrowing costs for the carry trade also rise. The carry trade is often highly leveraged. For this reason, the impact of rising interest rates in Japan is disproportional. Eight European countries had sent troops to Greenland to deter the U. S. from annexing Greenland by force. President Trump has responded by imposing 10% tariffs on the eight countries. Europeans have been trying to deescalate, but President Trump has doubled down. Europe depends on the U. S. for security and thus is not in a position to respond militarily. Europe has two big weapons. Europeans own trillions of dollars worth of U. S. assets, including Treasury bonds. Concern is building that Europeans will start selling U. S. assets if President Trump keeps doubling down on Greenland. In 2024, Europe was the largest importer of U. S. services, totalling $294. 7B. Concern is building that Europe could put tariffs on U. S. services. Markets always have crosscurrents. TACO (Trump Always Chickens Out) traders are aggressively buying stocks, taking advantage of the early morning dip. TACO traders are a subset of the momo crowd. TACO traders believe President Trump will soon back down on Greenland. TACO traders appear to be oblivious to what is going on in Japan and its impact on U. S. markets. Smart money is taking defensive steps by trimming and hedging. They are concerned about the carry trade and the tariff war reigniting. President Trump is calling the U. K. ’s decision to give Chagos Islands to Mauritius “an act of great stupidity. ” In The Arora Report analysis, President Trump is right about the U. K. ’s decision for the following reasons: There is a major U. S. military base on the Diego Garcia island. This base is vital to preserving U. S. interest in Asia. The U. K. has arranged for a 99 year lease from Mauritius for the U. S. to keep the base. Mauritius is close to China. Other than colonial guilt, there is no reason for the U. K. to give Chagos Islands to Mauritius. President Trump is using the U. K. ’s decision on Chagos Islands as another reason for the U. S. to acquire Greenland. For investors who are interested in Greenland, keep an eye on rare earth stock Critical Metals (CRML). CRML is in ZYX Buy in the portfolio that surrounds the Core Model Portfolio. CRML is developing rare earth projects in Greenland. The Supreme Court may rule on IEEPA tariffs today. We previously shared with you: The consensus is the Supreme Court will find a way to support President Trump. Prudent investors need to know that companies are already lining up to seek refunds of tariffs they have paid in case the Supreme Court rules against the tariffs. The Supreme Court decision may be market moving especially if the Supreme Court rules against the tariffs. ADP data shows that the private sector added an average of 8,000 jobs per week over the four weeks ending December 27. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** stocks in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***, depending upon what President Trump says, news from Japan, and the Supreme Court. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold and *** silver in the early trade. Smart money is inactive in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6870 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BABA, BTCUSD, GOLD, INTC, MARKETS, MU, NVDA, OIL, QQQ, SILVER, SI_F, SNDK, SPY, SSNLF, STX, TSLA, WDC By Nigam Arora To gain an edge, this is what you need to know today. Money Flowing Into Silver Please click here for a chart of silver futures (SI_F). Note the following: The chart shows a strong move in silver. The chart shows silver is now a hair close to the magnet of $100. Gold is close to the magnet of $5000. The short term move in silver is exacerbated by two factors: Money is moving out of cryptos and into silver. Short squeeze Prudent investors should note this is proof positive that many so-called crypto die-hards did not really believe in cryptos. They were in cryptos simply because cryptos were moving up. Now that cryptos have stalled and silver is moving, these same investors have become the biggest silver bulls. None of this should surprise members of The Arora Report. Members of The Arora Report well know this is how the momo crowd works. The Arora Report provides momo crowd and smart money flows data in the Morning Capsules. Momo crowd flows are good for short term trades but not for longer term investments. For longer term investments, investors should consider following smart money flows. Following the momo crowd and smart money flow data gives investors a big edge. The U. S. stock rally has stalled in the early trade on hawkish Bank of Japan (BOJ). Due to the carry trade, Japan is important for U. S. markets. BOJ held rates as expected but the tone is definitely hawkish. BOJ has raised four of its six inflation projections. In London trading, yen quickly spiked up versus the dollar. In The Arora Report analysis, Japan may have done rate checks with banks as a prelude to intervention. Japan’s finance minister Katayama said she was watching the yen closely. Japan’s snap election is set for February 8. Elon Musk’s SpaceX is likely to be the hottest IPO in a decade. SpaceX is the largest private company. There is speculation that the IPO valuation will be about $1. 5T. SpaceX has now lined up bankers. In The Arora Report analysis, in a deliberate strategy to run up SpaceX stock post IPO, bankers are likely to create artificial scarcity. Scarcity will likely be achieved by offering $20B - $30B worth of stock out of $1. 5T. Those who want next level information and position themselves into SpaceX ahead of time should listen to the podcast titled “A BACKDOOR TO SPACEX — DATA CENTERS IN SPACE. ” The podcast is in Arora Ambassador Club. To get on the waitlist to join the club, please click here to fill out the form. Tesla (TSLA) plans to start selling humanoid robots next year. TSLA stock is in the ZYX Buy Core Model Portfolio. For those wanting next level information, there is a podcast in Arora Ambassador Club. Stocks of memory and disk drive makers Micron (MU), Sandisk (SNDK), Western Digital (WDC), Seagate Technology (STX) have been running up on a rumor that Samsung (SSNLF) is increasing memory prices by 80%. Samsung is denying the rumor, but in the early trade, these stocks continue to levitate. Yesterday, The Arora Report gave a signal to take partial profits in Intel (INTC) prior to release of earnings. At the time of the signal, INTC stock was trading around $54. With the benefit of hindsight, that signal has proven spot on as INTC stock has traded as low as $46. 51 in the premarket. The reason for the drop in INTC stock is that Intel is capacity constrained and lowered the guidance. There will be new signals on INTC in ZYX Buy as appropriate. On the positive side, China is finally advising companies such as Alibaba (BABA) to prepare orders for H200 chips from Nvidia (NVDA). The FOMC meeting is next week. In The Arora Report analysis, there is a 85% probability that the Fed will not cut rates. University of Michigan consumer sentiment will be released at 10am ET and may be market moving. PCE, personal income, and personal spending came roughly inline with consensus. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Nvidia (NVDA). In the early trade, money flows are neutral in Amazon (AMZN) and Alphabet (GOOG). In the early trade, money flows are negative in Apple (AAPL), Meta (META), Microsoft (MSFT), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6929 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are down 225 points. Gold futures are at $4943, silver futures are at $99. 82, and oil futures are at $60. 99. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, BTGO, GOLD, INTC, ITA, MARKETS, OIL, QQQ, RTX, SILVER, SPY By Nigam Arora To gain an edge, this is what you need to know today. CPU Demand Please click here for a chart of Intel stock (INTC). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of INTC stock is being used to illustrate the point. The chart shows INTC stock easily rocketed past the prior psychological resistance level of $50. The chart shows the Arora buy zone. The Arora Report gave a signal to buy INTC stock at a time when most analysts were giving sell signals. The reason The Arora Report gave a buy signal was early recognition that AI would eventually drive CPU demand and a prediction that Intel would receive more government support for its foundry business. The chart shows that The Arora Report members now have large gains, more than doubling their money in INTC stock. INTC stock is rocketing now because Wall Street is finally recognizing what The Arora Report previously shared with you. This illustrates the power of getting ahead of the curve. Intel will report earnings after the regular session close. It is a reminder for prudent investors that earnings is always a risk event, both to the upside and the downside. In view of large unrealized gains on INTC stock, it is important to act today before the earnings release. There is a new signal on INTC stock in ZYX Buy. Economic data released this morning is very strong. Initial jobless claims came at 200K vs. 200K consensus. GDP data shows the economy is very strong. Here are the details: Q3 GDP Revised came at 4. 4% vs. 4. 3% consensus. Q3 GDP Deflator Revised came at 3. 8% vs. 3. 7% consensus. Yesterday afternoon, the stock and bond markets experienced a relief rally after President Trump said the U. S. had reached an agreement with Europe on a framework for Greenland and the U. S. would not impose new 10% tariffs on eight European countries. Here is the contour of the framework: The U. S. will get additional bases in Greenland. The U. S. will have total access to Greenland. The U. S. will have first right of refusal on mineral rights. Most importantly, the U. S. will build a part of the Golden Dome defense shield in Greenland. The Golden Dome is the most important U. S. defense initiative in decades. The U. S. government will spend hundreds of billions of dollars on the Golden Dome. The Golden Dome will provide significant opportunities for investors. Prudent investors need to get ahead of the curve. One of the prime beneficiaries of Golden Dome spending is RTX (RTX). RTX is in the ZYX Buy Core Model Portfolio, long from an average of $85. 07. Members of The Arora Report have a gain of 133%. For those who like ETFs, space and defense ETF (ITA) is in the ZYX Allocation Model Portfolio. There are very nice profits on the position. For those who want next level information on generating profits from the Golden Dome, listen to the podcast titled “A Backdoor To The Heart Of Golden Dome. ” The podcast is in Arora Ambassador Club. To get on the waitlist, click here to fill out the form below. October and November PCE data and personal income and spending have been delayed and are set to be released at 10am ET. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a build of 3. 04M barrels vs. a previous build of 5. 27M barrels. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Crypto acorn BitGo (BTGO) priced its IPO at $18, above the price range of $15 - $17. This indicates heavy demand. How BTGO trades will be a test of current enthusiasm for cryptos. This is important because lately some of the most aggressive short term crypto players have been selling crypto and buying silver. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6951 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are up 228 points. Gold futures are at $4813, silver futures are at $93. 15, and oil futures are at $59. 66. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: TGB By Nigam Arora 286% Gain Taseko Mines stock (TGB) is long from an average of $1. 82. It is trading at $7. 03 as of this writing, representing a 286% gain. U. S. Copper Producer Taseko Mines is the 100% owner of the Florence Copper Project in Arizona, which plans to produce 85M pounds of copper per year. Tariffs TGB stock has been a beneficiary of the tariffs. Changes in tariffs or U. S. China relations can impact TGB stock. Demand For Copper Copper demand depends on economic activity. The long term demand for copper is likely to rise due to electrification. Copper is used for electricity distribution and in EVs. What To Do Now Consider continuing to hold without a target. Signal Limited is a Signal(s) with a great record in similar situations but does not meet all of the stringent criteria for a Signal. Typically Signal Limited has higher risk-reward compared to a Signal over the short term. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, CRML, GOLD, MARKETS, OIL, QQQ, SILVER, SPX, SPY By Nigam Arora To gain an edge, this is what you need to know today. Crosscurrents Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market almost reaching the magnet. The chart shows the stock market is pulling back aggressively in the early trade today. The chart shows that major support zone 1 is far away. Concern is building that the stock market could quickly reach zone 1, depending upon how geopolitical events unfold. RSI on the chart has quickly dropped almost to the top band of the oversold zone. This indicates that without any new geopolitical news, the stock market is also set up for a sharp rebound. Two geopolitical events have triggered selling this morning: Prime Minister Takaichi’s ambition to win the election in Japan President Trump’s ambition for the U. S. to own Greenland As we have been sharing with you, Japan is very important to the U. S. market due to the carry trade. In the carry trade, funds have borrowed very large amounts in Japan in yen and invested the money in U. S. markets. To win the election, Prime Minister Takaichi wants to cut taxes. However, it is not clear what the funding source is. This is spooking the bond market in Japan. The yield on the 40 year Japanese Government Bond (JGB) has crossed above 4% for the first time ever. As yields in Japan rise, the borrowing costs for the carry trade also rise. The carry trade is often highly leveraged. For this reason, the impact of rising interest rates in Japan is disproportional. Eight European countries had sent troops to Greenland to deter the U. S. from annexing Greenland by force. President Trump has responded by imposing 10% tariffs on the eight countries. Europeans have been trying to deescalate, but President Trump has doubled down. Europe depends on the U. S. for security and thus is not in a position to respond militarily. Europe has two big weapons. Europeans own trillions of dollars worth of U. S. assets, including Treasury bonds. Concern is building that Europeans will start selling U. S. assets if President Trump keeps doubling down on Greenland. In 2024, Europe was the largest importer of U. S. services, totalling $294. 7B. Concern is building that Europe could put tariffs on U. S. services. Markets always have crosscurrents. TACO (Trump Always Chickens Out) traders are aggressively buying stocks, taking advantage of the early morning dip. TACO traders are a subset of the momo crowd. TACO traders believe President Trump will soon back down on Greenland. TACO traders appear to be oblivious to what is going on in Japan and its impact on U. S. markets. Smart money is taking defensive steps by trimming and hedging. They are concerned about the carry trade and the tariff war reigniting. President Trump is calling the U. K. ’s decision to give Chagos Islands to Mauritius “an act of great stupidity. ” In The Arora Report analysis, President Trump is right about the U. K. ’s decision for the following reasons: There is a major U. S. military base on the Diego Garcia island. This base is vital to preserving U. S. interest in Asia. The U. K. has arranged for a 99 year lease from Mauritius for the U. S. to keep the base. Mauritius is close to China. Other than colonial guilt, there is no reason for the U. K. to give Chagos Islands to Mauritius. President Trump is using the U. K. ’s decision on Chagos Islands as another reason for the U. S. to acquire Greenland. For investors who are interested in Greenland, keep an eye on rare earth stock Critical Metals (CRML). CRML is in ZYX Buy in the portfolio that surrounds the Core Model Portfolio. CRML is developing rare earth projects in Greenland. The Supreme Court may rule on IEEPA tariffs today. We previously shared with you: The consensus is the Supreme Court will find a way to support President Trump. Prudent investors need to know that companies are already lining up to seek refunds of tariffs they have paid in case the Supreme Court rules against the tariffs. The Supreme Court decision may be market moving especially if the Supreme Court rules against the tariffs. ADP data shows that the private sector added an average of 8,000 jobs per week over the four weeks ending December 27. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** stocks in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is buying gold and silver under the assumption that these are safe trades to balance out their stock portfolios that are heavily concentrated in speculative stocks. In The Arora Report analysis, the momo crowd’s belief is wrong. There is a big risk in buying gold here and a gigantic risk in buying silver here. This comment should carry heavy weight with investors since The Arora Report is bullish on gold and silver in the long term. The Arora Report is long gold from $1103 and long silver from $13. 96. This represents a gain of 329% in gold and 521% in silver. The momo crowd is *** gold and *** silver in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6870 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are down 703 points. Gold futures are at $4732, silver futures are at $95. 27, and oil futures are at $59. 64. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AFRM, AMAT, AXP, BAC, BTCUSD, C, CEG, COF, CPER, DAL, DIA, DJIA, EWJ, FCX, FQVLF, FXY, GDX, GLD, GOLD, GOOG, GOOGL, GS, JPM, KBE, KLAR, MA, MARKETS, MS, MSFT, NEM, NVDA, OIL, QQQ, SILVER, SLV, SMH, SPX, SPY, SYF, TBF, TBT, TSM, USO, V, VNM, VST, WFC, WMT, XME By Nigam Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' TRUMP’S POWER MOVE, MOMO CROWD ROCKETS SEMICONDUCTORS ON AI DEMAND BUT NO SMART MONEY BUYING Jan 16, 2026 To gain an edge, this is what you need to know today. New High For Semiconductors Please click here for a chart of semiconductor ETF (SMH). Note the following: The chart shows semiconductors made a new high on Taiwan Semiconductor Manufacturing Company (TSM) earnings. Please see yesterday’s Morning Capsule. The chart shows that the move is extended way beyond zone 1 (support). The chart shows divergence on RSI. This indicates semiconductors are losing internal momentum even though there is aggressive buying in semiconductors. The chart shows that during the latest rally, volume has not been very high. The majority of the buying in semiconductors in 2026 is coming from the momo crowd. Smart money is not buying semiconductors at all time highs. The reason is smart money knows the history – semiconductor stocks always overshoot, then experience vicious pullbacks. Here is the key question for prudent investors: Will this time be different due to AI? Only time will tell the answer. This is how prudent investors should think about the answer to the foregoing question. In The Arora Report analysis, the demand for semiconductors has a very high probability of staying high for the rest of 2026 and possibly into 2027. However, stocks are overshooting on momo crowd buying. Semiconductor SMH has the largest allocation in the ZYX Allocation Model Portfolios. SMH is long from an average of $7. 95. SMH is trading at $402. 01 as of this writing in the premarket. This represents a gain of 4957% for long time members of The Arora Report. In the ZYX Buy Core Model Portfolio, there are also large gains on semiconductor stocks such as 1942% on Applied Materials (AMAT) and 1400% on Nvidia (NVDA). President Trump plans to direct PJM, the nation’s largest grid operator, to run an emergency power auction causing big tech and data center companies to finance new power plants. Tech companies would bid for 15 year contracts worth billions of dollars. The aim is to speed up generation and grid hookups, cap auction prices, and limit consumer bill increases tied to AI demand. The momo crowd is buying stocks of power generation companies such as Constellation Energy (CEG) and Vistra (VST). However, smart money is being prudent and trimming power generation stocks on this news. The reason is smart money has large gains on these stocks, and at this time, there is not clarity if President Trump’s directive will benefit power generation stocks or not. Silver has gone parabolic, driven by a short squeeze. The retail momo crowd does not have access to algorithms that can truly analyze short squeezes. The meme crowd is used to buying on short squeezes as they buy out of emotion and believe in sticking it to the hedge funds. There is significant anecdotal evidence that the retail momo crowd is going all in on silver at these extraordinarily high prices. The short squeeze has been exacerbated by retail buying. In The Arora Report analysis, this leg of short squeeze is showing early signs of ending. Historically, the retail crowd almost always goes all in right near the top. Will this time be different? This time, there is an additional complication of China restricting the export of refined silver as of January 1. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Japan Japan is important because of its impact on the carry trade in the U. S. No rate hike is expected next week from the Bank of Japan (BOJ). Expectations for a rate hike in April are increasing. Japan’s Finance Minister Katayama is hinting at a potential intervention in the market in conjunction with the U. S. Treasury. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Meta (META) and Microsoft (MSFT). In the early trade, money flows are negative in Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is buying stocks in the early trade. Smart money is inactive in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is *** (To see the locked content, please take a 30 day free trial). This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6990 as of this writing. S&P 500 futures resistance levels are 7000, 7200, and 7500 : support levels are 6780, 6500, and 6256. DJIA futures are up 13 points. Gold futures are at $4601. 7, silver futures are at $88. 13, and oil futures are at $59. 70. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. TAIWAN SEMICONDUCTOR EARNINGS SHOW NO AI BUBBLE, IRAN TENSION EASING STALLS BLISTERING METALS RALLY Jan 15, 2026 To gain an edge, this is what you need to know today. No AI Bubble Please click here for a chart of silver ETF (SLV). Note the following: The chart shows the blistering silver rally. The chart shows zone 1 (support). There is a high risk of silver quickly falling to this support zone. In The Arora Report analysis, the main reason behind the latest rally in silver is another leg of short squeeze. If there is fundamental new news, such as the U. S. bombing Iran, another leg of short squeeze can carry silver to $120. According to The Arora Report algorithms, this leg of the silver short squeeze is showing the first signs of ending. This is the most likely scenario without new fundamental news. There are also two fundamental drivers that should pull silver down. Tensions with Iran are easing. Apparently President Trump has reached some sort of agreement through diplomatic channels that Iran will stop killing protestors. President Trump has postponed tariffs on critical minerals. If silver pulls back, other metals such as gold and copper will also likely pull back. There are significant gains for members of The Arora Report in metals. Here are some examples: 476% in silver ETF SLV, 284% in gold ETF (GLD), 276% in gold miner Newmont stock (NEM), 29. 6% in copper ETF (CPER), 180% in metals and mining ETF (XME), 93% in copper miner Freeport-McMoRan stock (FCX), and 228% in copper miner First Quantum Minerals stock (FQVLF). It is time to take partial profits on metals. Please see Trade Management Guidelines on how to appropriately take partial profits on small quantities. In The Arora Report analysis, earnings from Taiwan Semiconductor Manufacturing Company (TSM). show that at least for the time being there is no AI bubble. Prudent investors should keep in mind the analysis is based on the data available at this time; it is important to not get locked into an opinion but to stay data dependent. This inference is drawn from the following facts: Historically, Taiwan Semiconductor is very careful about increasing capex. The latest earnings show that Taiwan Semiconductor is significantly increasing capex. Taiwan Semiconductor reported earnings of $3. 14 vs. $2. 94 consensus. Taiwan Semiconductor reported revenues of $33. 73B, which represents a 25. 5% increase year-over-year. Taiwan Semiconductor sees FY26 revenues of $34. 6B - $35. 8B. Taiwan Semiconductor capex plans are helping a rally in semiconductor equipment manufacturing company Applied Materials (AMAT). AMAT is in the ZYX Buy Core Model Portfolio and long from an average of $16. AMAT is trading up $24. 51 at $326. 40 as of this writing in the premarket. This represents a gain of 1940% for long time members of The Arora Report. In the early trade, there is aggressive buying in all AI stocks due to blow out earnings from Taiwan Semiconductor. Initial jobless claims came at 198K vs. 210K consensus. Jobless claims are a surprise to the downside. Initial jobless claims is a leading indicator and carries heavy weight in our adaptive ZYX Asset Allocation Model with inputs in ten categories. In plain English, adaptiveness means that the model changes itself with market conditions. Please click here to see how this is achieved. One of the reasons behind The Arora Report's unrivaled performance in both bull and bear markets is the adaptiveness of the model. Most models on Wall Street are static. They work for a while and then stop working when market conditions change. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** gold in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 7000 as of this writing. S&P 500 futures resistance levels are 7200, 7500, and 7700 : support levels are 6780, 6500, and 6256. DJIA futures are down 40 points. Gold futures are at $4600, silver futures are at $88. 03, and oil futures are at $59. 23. BIG BANKS BENEFICIARIES OF AI SECOND ACT; JITTERS OVER IRAN AND SUPREME COURT; SHORT SQUEEZE IN SILVER Jan 14, 2026 To gain an edge, this is what you need to know today. Beneficiaries Of AI Second Act Please click here for a chart of Bank of America stock (BAC). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of BAC stock is being used to illustrate the point. The chart shows BAC stock has fallen in zone 2 (support) on earnings after an initial spike. Bank of America earnings are roughly inline with consensus but slightly below whisper numbers. BAC is in the ZYX Buy Core Model Portfolio. It is long from an average of $7. 69. BAC is trading at $53. 70 as of this writing in the premarket. This represents a gain of 598% for long time members of The Arora Report. Citigroup (C) reported earnings better than the consensus and whisper numbers. C is also in the ZYX Buy Core Model Portfolio. It is long from an average of $33. 80. C is trading at $117. 98 as of this writing in the premarket. This represents a gain of 249% for long time members of The Arora Report. In The Arora Report analysis, at this time, C is the best stock for investors who are not already in bank stocks. C stock trades at a discount relative to other large banks. Citigroup is succeeding at the following: Simplifying the business Exiting lower return operations Improving efficiency and capital discipline Morgan Stanley (MS) and Goldman Sachs (GS) will report earnings tomorrow in the premarket. In The Arora Report analysis, artificial intelligence’s second act has begun. Big banks are huge beneficiaries of the second act. AI is a structural margin expansion driver for big banks. The opportunity is on the expense side, including: Compliance and regulatory processes Fraud detection and risk management Customer service and call centers Credit underwriting and back office automation AI driven cost reductions flow directly to earnings, particularly at scale. There is credit card related headline risk as President Trump wants to limit interest rates to 10%. Consider the following: In The Arora Report analysis, the proposed temporary 10% credit card interest rate cap represents a manageable risk for large banks. In The Arora Report analysis, enforcement would face significant legal challenges, and any lasting cap would likely require congressional action. The Arora Report call is that if credit card related headlines trigger a significant sell off, investors should view that weakness as an opportunity, not a thesis change. In that scenario, investors should look to trade around existing core positions, rather than exit them. In The Arora Report’s analysis, big banks have tailwinds at their back. President Trump wants to run the economy hot. In The Arora Report analysis, there is a high probability that President Trump will succeed. This is good for big banks. Capital markets are strong Net interest income is stable Costs are being managed better At present, most portfolios are heavily weighted towards AI. In The Arora Report analysis, prudent investors should be well diversified beyond AI. Banks are a good diversifiers. For those who like ETFs, bank ETF KBE is in the ZYX Allocation Model Portfolios. Core Producer Price Index (PPI) came cooler than expected. Here are the details: Headline PPI came at 0. 2% vs. 0. 2% consensus. Core PPI came at 0. 0% vs. 0. 2% consensus. Prudent investors closely watch retail sales data as the U. S. economy is 70% consumer based. Retail sales are hot as consumers continue to splurge. Here is the latest retail sales data. November headline retail sales came at 0. 6% vs. 0. 4% consensus. November retail sales ex-auto came at 0. 5% vs. 0. 3% consensus. This morning, there are jitters that the Supreme Court may rule on IEEPA tariffs today. We previously shared with you: The consensus is the Supreme Court will find a way to support President Trump. Prudent investors need to know that companies are already lining up to seek refunds of tariffs they have paid in case the Supreme Court rules against the tariffs. The Supreme Court decision may be market moving especially if the Supreme Court rules against the tariffs. There are more jitters this morning on the prospect that President Trump will decide to strike Iran. Gold and silver are seeing aggressive buying on a potential Iran strike. Silver is trading over $91 as of this writing. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. China China’s December trade surplus came at $114. 1B vs. $114. 3B consensus. In The Arora Report analysis, this data shows that the Chinese export machine continues to be strong in spite of U. S. tariffs. Of note is that to curb rampant speculation by Chinese investors in the stock market, stock exchanges in Beijing and Shenzhen are changing margin requirements. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is negative. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Silver is seeing a second leg of a vicious short squeeze. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil Oil is being bought on the prospect of a U. S. strike on Iran. API crude inventories came at a build of 5. 27M barrels vs. a consensus of a draw of 2M barrels. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying due to a technical buy signal. The initial trigger was optimism about new favorable crypto legislation. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6972 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 157 points. Gold futures are at $4641, silver futures are at $91. 63, and oil futures are at $61. 82. DICHOTOMY BETWEEN THE STOCK MARKET MOMO CROWD AND GOLD INVESTORS, AGGRESSIVE BUYING ON LOWER CORE CPI Jan 13, 2026 To gain an edge, this is what you need to know today. Lower Core CPI Please click here for a chart of JPMorgan Chase stock (JPM). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of JPM stock is being used to illustrate the point. JPMorgan (JPM) has kicked off earnings season. The chart shows JPM stock did not enter zone 1 (resistance) on earnings. Immediately after reporting earnings, JPM stock spiked but then pulled back. Almost every quarter, JPM stock follows this pattern after earnings. The chart shows a steady rise in JPM stock since the April 2025 low. JPMorgan earnings are roughly inline with consensus and whisper numbers. Trading revenues were very strong. Investment banking revenues are less than consensus. JPM is long from an average of $34. 14 and is in the ZYX Buy Core Model Portfolio. As of this writing, long time members of The Arora Report have a gain of 848%. JPM is trading at $323. 49 as of this writing in the premarket. For those not in JPM stock, The Arora Report call is to buy JPM stock on a dip in the Arora buy zone. Also released this morning are important earnings from Delta Air Lines (DAL). Earnings are less than consensus and whisper numbers. Core Consumer Price Index (CPI) data came cooler than expected. Here are the details: Headline CPI came at 0. 3% vs. 0. 3% consensus. Core CPI came at 0. 2% vs. 0. 3% consensus. In the early trade, there has been aggressive buying in the stock market due to core CPI coming cooler than expected. As of this writing, S&P 500 futures have crossed above 7000. ADP data shows that the private sector added an average of 11,750 jobs per week over the four weeks ending December 20. A dichotomy has developed between the stock market and gold over the Powell investigation. The stock market is not concerned at this time about the Fed potentially losing its independence. In the stock market, there was a brief battle between the momo crowd and smart money. The momo crowd aggressively bought yesterday’s morning dip due to the Powell investigation. To the momo crowd, if the Fed loses its independence, it is a good thing because it will mean lower interest rates. The gold market is very concerned about the Fed potentially losing its independence. Investor behavior is very different in the gold market compared to the stock market. Investors are buying gold as an antidote to the potential loss of the Fed’s independence. President Trump is very focused on the affordability theme leading to the mid-term election. President Trump is urging support for the Credit Card Competition Act that would curb swipe fees. President Trump also aims to reduce soaring electricity prices due to AI data center demand. President Trump wants tech companies to pay the cost. Microsoft (MSFT) is announcing an initiative to offset the impact of AI data centers on local communities. Microsoft is announcing five core principles to achieve this goal. Of note is President Trump is imposing 25% tariffs on Iran’s business partners. Iran’s biggest business partner is China. China imports about 90% of Iran’s oil. Here is the key question: Will President Trump enforce this tariff on China and thereby increase friction with China, or will China be exempt, making this tariff meaningless? Supply chain shifts away from China continue. Google (GOOG, GOOGL) will develop and manufacture high end smartphones from scratch in Vietnam. ZYX Emerging has followed Vietnam continuously for 19 years. Vietnam ETF (VNM) is in the ZYX Emerging Model Portfolio. Results of the $22B 30-year Treasury bond auction will be announced at 1pm ET. If the auction is weak, it may be market moving. Bank of America (BAC), Citigroup (C), and Wells Fargo (WFC) will report earnings tomorrow in the premarket. BAC and C are in ZYX Buy. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Japan Japan is important because of its impact on the carry trade in the U. S. Stocks in Japan hit a new high, but the yen weakened on confirmation that Takaichi plans for a snap election. Prudent investors should pay attention as this is significant. Right now, Takaichi has a razor thin majority. She hopes to gain a bigger majority to push through stimulus programs. Weakening yen is raising the specter of intervention by the Bank of Japan (BOJ). Japan ETF (EWJ) and yen ETF (FXY) are in ZYX Allocation Model Portfolio. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Amazon (AMZN) and Meta (META). In the early trade, money flows are negative in Apple (AAPL) and Microsoft (MSFT). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is positive but can quickly turn negative if S&P 500 futures do not hold 7000. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 7021 as of this writing. S&P 500 futures resistance levels are 7200, 7500, and 7700 : support levels are 7000, 6780, and 6500. DJIA futures are down 28 points. Gold futures are at $4620, silver futures are at $87. 74, and oil futures are at $60. 46. PRUDENT INVESTORS PAY ATTENTION TO UNINTENDED CONSEQUENCES OF POWELL CRIMINAL INVESTIGATION – GOLD ANTIDOTE Jan 12, 2026 To gain an edge, this is what you need to know today. Powell Criminal Investigation Please click here for a chart of gold ETF (GLD). Note the following: Federal prosecutors have launched a criminal investigation of Fed Chair Powell. The investigation is focused on Powell’s testimony to Congress over renovations at two Fed buildings. The chart shows the jump in gold as investors see gold as an antidote to the potential loss of the Fed’s independence. Powell is standing firm. He said, “This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions—or whether instead monetary policy will be directed by political pressure or intimidation. ” Prudent investors need to pay attention to unintended consequences of the Powell investigation. Here are the potential unintended consequences: Drop in the dollar Rising long term interest rates Spike in gold Higher inflationary pressures The reaction in the stock market is as expected – the momo crowd is buying stocks on the news of the investigation while smart money is selling. The reason for the different reactions is that smart money understands the potential unintended consequences. In contrast, the momo crowd is exuberant about lower short term rates if Powell is kicked out. The news of the investigation into Fed Chair Powell has major implications for the next Fed chair. Before the news, the new chair would have had difficulty shepherding hawkish FOMC members to go along with steep interest rates cuts. Here is the key question for prudent investors: Will the Powell investigation strengthen the resolve of hawkish FOMC members, or will they submit? Prudent investors should carefully watch Treasury auction results today. The results of the $58B 3-year Treasury note auction will be announced at 11:30am ET, and the results of the $39B 10-year Treasury note auction will be announced at 1pm ET. There is panic among credit card issuers. President Trump has called for a maximum of a 10% interest rate for one year on credit cards. There is panic selling in stocks such as Capital One Financial (COF) and Synchrony Financial (SYF). Selling is also being seen in the early trade in the stocks of JPMorgan (JPM), Citigroup (C), American Express (AXP), Visa (V), and Mastercard (MA). There is aggressive buying in the early trade in the stocks of buy now pay later companies such as Affirm (AFRM) and Klarna Group (KLAR) on the prospect of credit card issuers pulling back. There is aggressive buying in Walmart stock (WMT) on the news that WMT stock will be added to Nasdaq 100. Walmart is also entering an agreement with Google (GOOG, GOOGL) that pairs Gemini with Sam’s Club’s merchandise for shopping. President Trump is warning Cuba to "make a deal, BEFORE IT IS TOO LATE. ” There will be new signals from The Arora Report on Cuba related opportunities. Earnings season kicks off tomorrow with earnings before the regular session open from JPMorgan and Delta Air Lines (DAL). Bank of America (BAC), Citigroup, and Wells Fargo (WFC) will report earnings Wednesday morning. Consumer Price Index (CPI) will be released at 8:30am ET tomorrow and may be market moving. The adaptive ZYX Asset Allocation Model with inputs in ten categories is moving towards raising the Arora Protection Band, but more data is needed first. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Iran More than 500 people have been killed in protests against the regime. The main reason behind the protests is very high inflation. President Trump is talking about intervening in Iran. Prudent investors should keep an eye on Iran. Depending upon how the situation develops, it may have a significant impact on the markets. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** stocks in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** gold in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6967 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 329 points. Gold futures are at $4617, silver futures are at $85. 05, and oil futures are at $58. 71. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: HEDGE, META, NVDA, SLV By Nigam Arora Nigam Arora returns to the Chicago Future Of Finance with Oliver Renick discussing how to hedge like a pro, not like you are panicking. Nigam shares how to think about hedges on big tech stocks like Nvidia (NVDA) and Meta (META). Nigam also reminds investors not to be greedy when it comes to the parabolic move in silver. During the interview, Nigam shares how to think about big banks and when there may be a good opportunity to buy. Watch the interview for what investors need to know. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BAC, C, JPM, WFC By Nigam Arora Nigam Arora returns to the Schwab Network and urges investors to ignore short term noise in big bank earnings and focus on the bigger picture. Nigam shares why big banks will be beneficiaries of the second act of AI. Nigam also explains why fortress like balance sheets remain the true strength of banks, even as JPMorgan Chase (JPM) faces pressure in investment banking, and weighs in on how President Trump’s proposed credit card rate cap could affect profits while leaving the long term outlook intact. Watch the interview for what investors need to know. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: ALK, BA By Nigam Arora Great Profits There are great profits on the BA trade around position. The trade around position was started after the blowout of a plugged door on a Boeing 737 Max-9 during a Alaska Air (ALK) flight. Strategy Investors are now profiting from the strategy of buying good companies when the stock is hit due to negative news. We previously shared, Dip in BA is likely a buying opportunity for the long term investor. It is common in aerospace stocks that when bad news starts, it continues for a while. Ultimately the stocks get oversold and once the good news starts it continues for a while. Right now BA is experiencing a series of bad news. Trade Around Position The trade around position is separate and distinct from the core position. Trade around positions is a technique used by billionaires and hedge funds to dramatically increase returns and reduce risk. Please see Trade management Guidelines for more on trade around positions. Hitting First Target The BA trade around position is hitting the first target zone. The second target zone remains $292 - $308. Stop Zone To protect profits, the stop zone is being raised. Consider a stop zone of $*** (To see the locked content, please take a 30 day free trial) - $*** on a partial quantity. Consider a stop at break even on the remainder. Core Position The core BA position is in the Core Model Portfolio. Consider continuing to hold the core BA position. There are significant gains likely ahead. What To Do Now Consider taking partial profits in the first target zone. Consider holding the rest for the second target zone. This is a medium term position. Signal Limited is a Signal(s) with a great record in similar situations but does not meet all of the stringent criteria for a Signal. Typically Signal Limited has higher risk-reward compared to a Signal over the short term. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published yesterday on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BAC, BTCUSD, C, DAL, EWJ, FXY, GOLD, GOOG, GOOGL, JPM, MARKETS, MSFT, OIL, QQQ, SILVER, SPY, VNM, WFC By Nigam Arora To gain an edge, this is what you need to know today. Lower Core CPI Please click here for a chart of JPMorgan Chase stock (JPM). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of JPM stock is being used to illustrate the point. JPMorgan (JPM) has kicked off earnings season. The chart shows JPM stock did not enter zone 1 (resistance) on earnings. Immediately after reporting earnings, JPM stock spiked but then pulled back. Almost every quarter, JPM stock follows this pattern after earnings. The chart shows a steady rise in JPM stock since the April 2025 low. JPMorgan earnings are roughly inline with consensus and whisper numbers. Trading revenues were very strong. Investment banking revenues are less than consensus. JPM is long from an average of $34. 14 and is in the ZYX Buy Core Model Portfolio. As of this writing, long time members of The Arora Report have a gain of 848%. JPM is trading at $323. 49 as of this writing in the premarket. For those not in JPM stock, The Arora Report call is to buy JPM stock on a dip in the Arora buy zone. Also released this morning are important earnings from Delta Air Lines (DAL). Earnings are less than consensus and whisper numbers. Core Consumer Price Index (CPI) data came cooler than expected. Here are the details: Headline CPI came at 0. 3% vs. 0. 3% consensus. Core CPI came at 0. 2% vs. 0. 3% consensus. In the early trade, there has been aggressive buying in the stock market due to core CPI coming cooler than expected. As of this writing, S&P 500 futures have crossed above 7000. ADP data shows that the private sector added an average of 11,750 jobs per week over the four weeks ending December 20. A dichotomy has developed between the stock market and gold over the Powell investigation. The stock market is not concerned at this time about the Fed potentially losing its independence. In the stock market, there was a brief battle between the momo crowd and smart money. The momo crowd aggressively bought yesterday’s morning dip due to the Powell investigation. To the momo crowd, if the Fed loses its independence, it is a good thing because it will mean lower interest rates. The gold market is very concerned about the Fed potentially losing its independence. Investor behavior is very different in the gold market compared to the stock market. Investors are buying gold as an antidote to the potential loss of the Fed’s independence. President Trump is very focused on the affordability theme leading to the mid-term election. President Trump is urging support for the Credit Card Competition Act that would curb swipe fees. President Trump also aims to reduce soaring electricity prices due to AI data center demand. President Trump wants tech companies to pay the cost. Microsoft (MSFT) is announcing an initiative to offset the impact of AI data centers on local communities. Microsoft is announcing five core principles to achieve this goal. Of note is President Trump is imposing 25% tariffs on Iran’s business partners. Iran’s biggest business partner is China. China imports about 90% of Iran’s oil. Here is the key question: Will President Trump enforce this tariff on China and thereby increase friction with China, or will China be exempt, making this tariff meaningless? Supply chain shifts away from China continue. Google (GOOG, GOOGL) will develop and manufacture high end smartphones from scratch in Vietnam. ZYX Emerging has followed Vietnam continuously for 19 years. Vietnam ETF (VNM) is in the ZYX Emerging Model Portfolio. Results of the $22B 30-year Treasury bond auction will be announced at 1pm ET. If the auction is weak, it may be market moving. Bank of America (BAC), Citigroup (C), and Wells Fargo (WFC) will report earnings tomorrow in the premarket. BAC and C are in ZYX Buy. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Japan Japan is important because of its impact on the carry trade in the U. S. Stocks in Japan hit a new high, but the yen weakened on confirmation that Takaichi plans for a snap election. Prudent investors should pay attention as this is significant. Right now, Takaichi has a razor thin majority. She hopes to gain a bigger majority to push through stimulus programs. Weakening yen is raising the specter of intervention by the Bank of Japan (BOJ). Japan ETF (EWJ) and yen ETF (FXY) are in ZYX Allocation Model Portfolio. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Amazon (AMZN) and Meta (META). In the early trade, money flows are negative in Apple (AAPL) and Microsoft (MSFT). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 7021 as of this writing. S&P 500 futures resistance levels are 7200, 7500, and 7700 : support levels are 7000, 6780, and 6500. DJIA futures are down 28 points. Gold futures are at $4620, silver futures are at $87. 74, and oil futures are at $60. 46. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMAT By Nigam Arora 1730% Gain Applied Materials Inc (AMAT) is long from $16. It is trading at $292. 77 as of this writing, representing a 1730% gain. Demand AMAT is the leading vendor of semiconductor manufacturing equipment. Demand for semiconductor manufacturing equipment shows no signs of slowing, at least through 2026. Volatility Among all of the bullishness, prudent investors should keep in mind AMAT is a very volatile stock and can easily drop over $70 on the slightest bit of disappointing news. Zones For those who are following the Good Way, the Buy Now rating is *** (To see the locked content, please take a 30 day free trial). For those following the Best Way, the buy zone is $*** - $***. The recommended quantity is ***% - ***%. The very long term target is $408 - $417. This is a very long term position. What To Do Now Those in the stock may consider continuing to hold. Those not in the stock may consider following the parameters given above. Note: Signal(s) to enter, add, reduce, exit, hold or change. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMD, BTCUSD, CNQ, COP, CRML, CVX, DHI, DIA, DJIA, EUAD, FE, FMCC, FNMA, GDRZF, GDX, GLD, GOLD, HAL, INTC, ITA, ITB, KBH, LEN, MARKETS, META, MP, MU, NVDA, OIH, OIL, OKLO, PBF, QQQ, RKT, RMLFF, RTX, SILVER, SLB, SLV, SNDK, SPX, SPY, SSD, STX, SU, TBF, TBT, TSLA, USAR, USO, VLO, VST, WDC By Nigam Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' MOTHER OF ALL REPORTS UNDERSHOOTS, META’S NUCLEAR PLAN, TRUMP’S $200B MORTGAGE BUY Jan 9, 2026 To gain an edge, this is what you need to know today. Fed Decision Harder Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market is consolidating just below the magnet. The chart shows that even though the stock market continues to levitate, RSI is not overbought. This increases the probability of the stock market hitting the magnet and breaking above it. The jobs report is known as the mother of all reports due to its importance. The just released December jobs report has made the Fed’s decision harder. Here are the details: Non-farm payrolls came at 50K vs. 55K consensus. Non-farm private payrolls came at 37K vs. 50K consensus. Unemployment rate came at 4. 4% vs. 4. 5% consensus. Average work week came at 34. 2 vs. 34. 3 consensus. Average hourly earnings came at 0. 3% vs. 0. 3% consensus. In The Arora Report analysis, right now, the most important number to the Fed is the unemployment rate. The fact that the unemployment rate came below the consensus makes it harder for the Fed to cut interest rates in January. The stock market is expecting an interest rate cut. Meta (META) is making a huge commitment to nuclear power by signing three deals. Meta is signing 20 year deals to buy power from Perry, Davis-Besse, and Beaver Valley nuclear plants for more than 2600 MW of power. All three plants are owned by Vistra (VST). The plants were previously owned by FirstEnergy (FE). Meta will support Oklo (OKLO) to develop 1. 2 GW of power capacity in Ohio and prepay for power as well as provide funding to advance the project. Meta will fund two reactors from TerraPower. President Trump is instructing Fannie Mae (FNMA) and Freddie Mac (FMCC) to buy $200B of mortgage bonds. President Trump is taking this action to spur home buying. In The Arora Report analysis, this will reduce the 30 year mortgage rate by about 0. 25%, but it will slightly increase the yield on long Treasury bonds. This is positive for home builder ETF (ITB) and stocks of home builders such as KB Home (KBH), D. R. Horton (DHI), and Lennar (LEN). This is also a positive for mortgage companies such as Rocket (RKT). President Trump says oil majors will spend $100B to support U. S. goals in Venezuela. The Supreme Court may rule on tariffs today. The consensus is the Supreme Court will find a way to support President Trump. Prudent investors need to know that companies are already lining up to seek refunds of tariffs they have paid in case the Supreme Court rules against the tariffs. The Supreme Court decision may be market moving especially if the Supreme Court rules against the tariffs. University of Michigan consumer sentiment will be released at 10am ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Housing Starts Housing starts came worse than expected, but builders are optimistic as demonstrated by higher building permits. Here are the details: September housing starts came at 1. 306M vs. 1. 320M consensus. September building permits came at 1. 415M vs. 1. 340M consensus. October housing starts came at 1. 246M vs. 1. 340M consensus. October building permits came at 1. 412M vs. 1. 355M consensus. China And Japan China continues to put more pressure on Japan due to Japan’s support for Taiwan. China appears to be emboldened by U. S. action in Venezuela. In the latest move, China is restricting exports of rare earths to Japan. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL), Nvidia (NVDA), Alphabet (GOOG), and Tesla (TSLA). In the early trade, money flows are neutral in Amazon (AMZN) and Meta (META). In the early trade, money flows are negative in Microsoft (MSFT). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6983 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 142 points. Gold futures are at $4488, silver futures are at $78. 10, and oil futures are at $58. 25. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. TRUMP WANTS DREAM MILITARY – WHIPSAWS DEFENSE STOCKS, CHINA TO APPROVE H200 BUT NVIDIA WANTS CASH UPFRONT Jan 8, 2026 To gain an edge, this is what you need to know today. Classic Trump Whipsaw Please click here for a chart of defense company RTX (RTX). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of RTX stock is being used to illustrate the point. The chart shows a big drop in RTX when President Trump said he would ban defense companies from buy backs and issuing dividends. President Trump singled out RTX as a big offender. Other defense stocks experienced a similar large drop. Only two hours later, the chart shows a big spike up in RTX, along with other defense stocks, when President Trump said he wants to build the dream military. President Trump wants to increase the 2027 defense budget from $1T to $1. 5T. RTX is in the ZYX Buy Core Model Portfolio. The Arora Report uses over 50 different strategies. RTX was bought using the strategy of buying on a big dip in a stock due to temporary problems that are fixable. In the case of RTX, the problem was with Pratt & Whitney aircraft engines. RTX was bought at an average price of $80. 70. RTX is trading at $192. 47 as of this writing in the premarket. This represents a gain of 139%. For those who prefer ETFs, aerospace and defense ETF ITA is in the ZYX Allocation Model Portfolio and has large unrealized gains. President Trump wants to pay for the increase in defense spending with tariffs. All of the aggressive buying shown on the chart is coming from the momo crowd. In The Arora Report analysis, prudent investors should do some basic math. Tariffs generated $195B in fiscal year 2025. The estimates for tariffs from fiscal year 2026 range from $191B to $247B. President Trump wants to spend another $500B on defense and pay for it with tariffs. President Trump also wants to use tariffs to pay down U. S. debt by perhaps $1T. President Trump also wants to send $2000 of free money to each low and middle income American. Estimates of the cost range from $280B - $600B depending upon eligibility criteria. The numbers for money coming in and money going out do not add up. Also be mindful that tariffs are being challenged in the U. S. Supreme Court. The speculation is the Supreme Court will announce its decision tomorrow. The consensus is the Supreme Court will find a way to support President Trump. Prudent investors need to know that companies are already lining up to seek refunds of tariffs they have paid in case the Supreme Court rules against the tariffs. European defense stocks are rocketing. European defense stock ETF EUAD is in the ZYX Allocation Model Portfolio. The reason behind the move in European defense stocks is President Trump’s threat to use force to take over Greenland. A good way to profit from President Trump’s threats to take over Greenland is the stock of rare earth miner Critical Metals (CRML). CRML has a project in Greenland. CRML is in the ZYX Buy portfolio that surrounds the Core Model Portfolio. CRML should only be bought on pullbacks. After a long delay, China has approved purchases on Nvidia’s (NVDA) H200 chips. In an unusual move, Nvidia is demanding full payment upfront and saying the orders will not be able to be cancelled. Q3 productivity surged to 4. 9% vs. 4. 9% consensus. Of note is the Q3 labor costs declined 1. 9% vs. a consensus of an increase of 0. 8%. In The Arora Report analysis, the surge in productivity and decline in unit labor costs are two excellent pieces of news for the U. S. economy and the stock market. AI is beginning to show its impact in increasing productivity and reducing costs. JOLTS job openings released yesterday came at 7. 146M vs. 7. 449M prior. Initially jobless claims came at 208K vs. 217K consensus. The official jobs report will be released tomorrow at 8:30am ET. ISM Non-Manufacturing Index released yesterday came at 54. 4 vs. 52. 2 consensus. In The Arora Report analysis of the data, non-manufacturing activity is staying strong but job growth is likely to slow. The Fed may use slowing job growth as an excuse to cut interest rates. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), and Nvidia (NVDA). In the early trade, money flows are negative in Apple (AAPL), Microsoft (MSFT), Tesla (TSLA), and Meta (META). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** gold in the early trade. For longer-term, please see gold and silver ratings. Oil EIA crude inventories had a drop of 3. 83M barrels vs. consensus of a drop of 1. 33M barrels. The higher than expected drop has brought buying into oil. The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6955 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 171 points. Gold futures are at $4434, silver futures are at $74. 65, and oil futures are at $56. 84. NVIDIA TRIGGERS MANIA IN MICRON AND SANDISK, MOMO LOSES IN CHEVRON EUPHORIA, SUPREME COURT TARIFF DECISION AHEAD Jan 7, 2026 To gain an edge, this is what you need to know today. NAND Mania Please click here for a chart of Chevron (CVX). Note the following: The chart shows that on the morning of January 5th, Chevron (CVX) traded as high as $172 in the premarket. In the overnight trading on Sunday, Chevron traded even higher. The chart shows that as of this writing, Chevron has pulled back to $157. 64. Earlier, Chevron stock was even lower. As the chart shows, Chevron stock has moved up on the news that Chevron is teaming up with a private equity firm to buy the international assets of Lukoil, a big Russian oil producer. The chart shows a big spike up at the premarket open on January 5th. The buying in Chevron was the result of heavy pumping by momo gurus over the weekend, urging their followers to load up on Chevron in the overnight trading. The chart shows that The Arora Report’s proprietary VUD indicator was warning against buying Chevron. The chart shows the VUD indicator was consistently orange. The proprietary VUD indicator is the most sensitive real time indicator of supply and demand. Green indicates net demand, and orange indicates net supply. On January 5th 2026, the Morning Capsule identified Chevron as a winner from developments in Venezuela, we wrote: Chevron is the only major U. S. oil company operating in Venezuela and controls about 25% of Venezuela’s oil production. The Arora Report gave signals on several stocks and an ETF on Venezuela development, but did not give a signal on Chevron, and we wrote: Unlike the momo crowd, prudent investors should control the FOMO (fear of missing out) emotion. Prudent investors should focus on signals when they are given by the proven ZYX Change Method with a long track record. Prudent investors should also consider buying in the Arora buy zones and also have access to proper position sizes, stop zones, and target zones. New signals will be given as appropriate. We received many inquiries from members as to why The Arora Report did not give a buy signal on Chevron. Some of the reasons were already explained in the January 5th Morning Capsule. Prudent investors should note that, as important as it is to buy the right positions, it is also important not to buy the wrong position into euphoria, where the ZYX Change Method indicates the high probability of a fade. Now, with the benefit of hindsight, The Arora Report call to not buy Chevron on the morning of January 5th has proven spot on. A NAND memory mania has been triggered by Nvidia (NVDA). Nvidia CEO Jensen Huang said, “With existing high-bandwidth memory (HBM), it’s far from sufficient to support GPUs, and the memory bottleneck is only getting worse,” and explained the concept of a ‘new memory storage platform. ’ The new concept uses NAND memory. The market interpreted this as using solid-state disk drives (SSD). A buying mania is occurring in the stocks of Micron Technology (MU), SanDisk (SNDK), Western Digital (WDC), and Seagate Technology (STX). MU is long from an average of $21. 77 in ZYX Buy. It is trading at $338. 92 as of this writing. This represents a gain of 1456%. There are many implications for investors of the Rubin platform architecture. For those wanting next-level information for investors on this subject, in due course, there will be podcasts in Arora Ambassador club. In the stock market, the Dow Jones Industrial Average (DJIA) has just experienced the biggest gain in 23 years in the first three days of a new year. For the last three days, the rise in DJIA has been 2. 9%. The last time it gained more was 5. 2% in 2003. ADP is the largest private payroll processor in the United States. ADP uses its data to give an advance glimpse of jobs picture ahead of the official Jobs Report that will be released on Friday. ADP employment change came in at 41K vs 45K consensus. The Supreme Court may potentially announce a decision on tariffs on Friday. The decision if announced, will likely be market moving, especially if the Supreme Court rules against President Trump. The consensus in the stock market is that the Supreme Court will find a way to support President Trump. Venezuela will sell 50M barrels of oil to the United States and its allies. Normally, this oil would have gone to China. The most important point here is that the sale will occur in dollars. Venezuela was selling to China in yuans. For the dollar to remain king dollar, it is extremely important that oil keeps on trading in dollars. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are neutral in Tesla (TSLA), NVDA, Alphabet (GOOG), and Amazon (AMZN). In the early trade, money flows are negative in Apple (AAPL), Meta (META), and Microsoft (MSFT). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and in Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6988 as of this writing. S&P 500 futures resistance levels are 7200 and 7000: support levels are 6780, 6500, and 6256. DJIA futures are up 72 points. Gold futures are at $4459, silver futures are at $77. 34, and oil futures are at $56. 95. NVIDIA’S THINKING CAR TECH TO CHALLENGE TESLA, ARORA MARKET CALL ON VENEZUELA VALIDATED Jan 6, 2026 To gain an edge, this is what you need to know today. Nvidia Challenges Tesla Please click here for a chart of Dow Jones Industrial Average (DIA). Note the following: The chart shows the U. S. move in Venezuela triggered a new high in the Dow Jones Industrial Average. The Arora Report’s call that the stock market would rise if the U. S. attacked Venezuela has been validated. On December 1, we wrote: President Trump has said that the air space around Venezuela should be considered closed. If the U. S. attacks Venezuela, expect the stock market to rally. President Trump wants U. S. oil companies to invest heavily in Venezuela. U. S. oil companies are reluctant. The U. S. government is looking into subsidizing investments by U. S. oil companies in Venezuela. Nvidia (NVDA) is announcing the first “thinking car” will be on the road as soon as 2027. The good news for Tesla (TSLA) is Nvidia is not directly making cars. The bad news for Tesla is that Nvidia is making the technology available to other car companies, making it easier for them to compete with Tesla. Nvidia is unveiling the Alpamayo family of AI models, simulation tools, and datasets. Nvidia CEO Jensen Huang said, “Robotaxis are among the first to benefit. Alpamayo brings reasoning to autonomous vehicles, allowing them to think through rare scenarios, drive safely in complex environments and explain their driving decisions - it's the foundation for safe, scalable autonomy. " Nvidia has also launched Rubin earlier than expected. Rubin has several innovations: Transformer Engine Confidential computing RAS Engine Nvidia Vera CPU NVLink interconnect technology Nvidia is also introducing new open source AI models for robot learning. In the past, such announcements would have helped NVDA stock rocket. This time, the reaction in NVDA stock is muted so far. In The Arora Report analysis, the reason is NVDA stock is now over-owned. When a stock is over-owned, almost anyone who is going to buy has already bought. It takes a lot to move the stock higher. The slightest bit of negative news can cause a major dip. Advanced Micro Devices (AMD) has also made several impressive product launches for AI. Again, the stock’s reaction is muted so far because AMD is an expensive stock. Unlike NVDA stock, AMD stock is not over-owned. ISM Manufacturing Index came at 47. 9 vs. 48. 4 consensus yesterday. On one hand, the stock market likes this number because it helps the Fed lower interest rates. On the other hand, the stock market is counting on higher earnings from the manufacturing sector – this number shows the stock market may not get its wish. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Nvidia (NVDA). In the early trade, money flows are neutral in Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Apple (AAPL). In the early trade, money flows are negative in Tesla (TSLA). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin The U. S. move in Venezuela has triggered aggressive buying in bitcoin (BTC. USD). Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6944 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 49 points. Gold futures are at $4478, silver futures are at $78. 95, and oil futures are at $58. 65. VENEZUELA WINNERS ARE 12 STOCKS & 1 ETF – LOSERS ARE 2 STOCKS AND CHINA; GOLD & SILVER WIN; NVIDIA KEYNOTE Jan 5, 2026 To gain an edge, this is what you need to know today. Major Development Please click here for a chart of Halliburton stock (HAL). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of HAL stock is being used to illustrate the point. President Trump has extracted Venezuelan President Maduro by force. Maduro is being produced in front of a court in New York. President Trump has said that the U. S. will run Venezuela and invest billions in oil. Venezuela has the world’s largest oil reserves of roughly 303B barrels of crude oil. A major beneficiary of developments in Venezuela is oil service company Halliburton. HAL is in the ZYX Buy Core Model Portfolio. The chart shows the gap up in HAL stock in the early trade on the prospects of Halliburton getting significant business in Venezuela. The chart shows that HAL is now overbought. Overbought stocks are vulnerable to pullbacks. Here are other winners from developments in Venezuela: Chevron (CVX) is the only major U. S. oil company operating in Venezuela and controls about 25% of Venezuela’s oil production. ConocoPhillips (COP) has about $10B in claims against Venezuela that may be worth about $20B including interest and fees. SLB (SLB) is a major oil service company. Valero Energy (VLO) and PBF Energy (PBF) are two refiners that will benefit from an increase of availability of Venezuelan heavy crude oil. Those looking for higher reward situations may look at two microcaps: Rusoro Mining Limited (RMLFF) has gold mining properties in Venezuela. It owns 95% of Choco 10 mine and 50% of Isidora mine. Gold Reserve Limited (GDRZF) is a Bermuda company that has been involved in gold and copper mining in Venezuela and has claims against Venezuela for expropriation. Gold Reserve, at present, has no active mining operations in Venezuela. Those interested in ETFs may look at oil services ETF (OIH). OIH is in the ZYX Allocation Model Portfolio. All of the foregoing stocks and the ETF are gapping up as of this writing in the premarket. Momo crowd buying is very aggressive. Unlike the momo crowd, prudent investors should control the FOMO (fear of missing out) emotion. Prudent investors should focus on signals when they are given by the proven ZYX Change Method with a long track record. Prudent investors should also consider buying in the Arora buy zones and also have access to proper position sizes, stop zones, and target zones. New signals will be given as appropriate. In The Arora Report analysis, here are the key points prudent investors should consider that the momo crowd is ignoring: Years of leftist rule have left oil infrastructure in Venezuela in shambles. Venezuela is producing significantly less oil now than it was producing 10 years ago. It will take tens of billions of dollars of investment and a long time to bring Venezuelan oil back to full production. Expect the momo crowd that is buying today to be disappointed because there will not be a quick increase in oil production. So far, there has not been significant resistance in Venezuela, but that does not mean that resistance will not emerge. The U. S. has now given presidential powers to Venezuelan Vice President Rodríguez, who has been an anti-U. S. crusader all her life. Prudent investors should be especially careful to not fall prey to the highly flawed analysis propagated by momo gurus. Momo gurus are multiplying 303B barrels by $57 per barrel to come up with $17. 3T, then they are extrapolating that even if the U. S. gets 50% of it, the U. S. just got $8. 7T. Nothing could be farther from the truth than this flawed analysis. In The Arora Report analysis, Venezuelan oil is highly viscous heavy crude that is high in sulfur. It is expensive to extract. In the end, the margin for oil companies may only be $5 - $7 per barrel. Further, it is not that 300 barrels are sitting in a warehouse. The oil is in the ground, and some of it may be very challenging to extract. There are also many losers from the Venezuela development. Two notable losers are Canadian oil companies Suncor Energy (SU) and Canadian Natural Resources (CNQ). It may be easier to make money from the short side. Short selling signals will be in ZYX Short. In The Arora Report analysis, the big win for the U. S. is that Venezuela will no longer be selling oil to China in yuans. For the dollar to stay king, it is important for oil to continue trading in dollars. China has been working hard to topple the king dollar. China had made great progress towards its goal by persuading Venezuela to sell oil in yuans. In The Arora Report analysis, China is the big loser here in the short term. Tensions between the U. S. and China may increase. Here are the beneficiaries: Intel (INTC) is a beneficiary because of its U. S. based foundries. Rare earth miners such as MP Materials (MP), USA Rare Earth (USAR), and Critical Metals (CRML) are also beneficiaries. Investors should be mindful of crosscurrents that always exist in the markets. For example, Taiwan Semiconductor Manufacturing stock (TSM) would have been down this morning on the Venezuela news, but instead it is up because a major Wall Street bank increased its target by 35%. There is jubilation in China as many in the Chinese media are claiming that the U. S. has just handed a blueprint to China to capture Taiwan. The momo crowd is oblivious. Gold and silver are the winners in the short term from the Venezuela situation. However prudent investors should be aware that Venezuela’s central bank holds 161 tonnes of gold. Further, 31 tonnes of Venezuelan gold is being held in the Bank of England’s vaults and is tied up in litigation. If some of Venezuela’s gold is sold, it can potentially cause a major dip in gold and silver. What has happened in Venezuela is a major development. Prudent investors should take time to fully grasp its implications in the short term and long term. Be careful as the media is full of highly flawed analysis driven by agendas that are not in investors’ best interest. The easiest and best way to build your knowledge is to listen to the podcast in Arora Ambassador Club titled “WHY POPULAR VENEZUELA ANALYSIS IS WRONG – WHAT INVESTORS SHOULD DO. ” To get on the waitlist to join Arora Ambassador Club, please click here to fill out the form. Both Nvidia (NVDA) and Advanced Micro Devices (AMD) CEOs are giving keynote speeches at CES. Historically, these speeches have run up not only NVDA and AMD stocks but all AI stocks. Wall Street is front running, buying AI stocks in the hope of selling them to retail investors at higher prices. ISM Manufacturing Index will be released at 10am ET and may be market moving. Friday will see the first jobs report not impacted by the government shutdown. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Microsoft (MSFT) and Meta (META). In the early trade, money flows are negative in Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil OPEC+ decided to leave production unchanged. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6915 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 3 points. Gold futures are at $4423, silver futures are at $75. 17, and oil futures are at $57. 85. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, DHI, FE, FMCC, FNMA, GOLD, ITB, KBH, LEN, MARKETS, META, OIL, OKLO, QQQ, RKT, SILVER, SPX, SPY, VST By Nigam Arora To gain an edge, this is what you need to know today. Fed Decision Harder Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market is consolidating just below the magnet. The chart shows that even though the stock market continues to levitate, RSI is not overbought. This increases the probability of the stock market hitting the magnet and breaking above it. The jobs report is known as the mother of all reports due to its importance. The just released December jobs report has made the Fed’s decision harder. Here are the details: Non-farm payrolls came at 50K vs. 55K consensus. Non-farm private payrolls came at 37K vs. 50K consensus. Unemployment rate came at 4. 4% vs. 4. 5% consensus. Average work week came at 34. 2 vs. 34. 3 consensus. Average hourly earnings came at 0. 3% vs. 0. 3% consensus. In The Arora Report analysis, right now, the most important number to the Fed is the unemployment rate. The fact that the unemployment rate came below the consensus makes it harder for the Fed to cut interest rates in January. The stock market is expecting an interest rate cut. Meta (META) is making a huge commitment to nuclear power by signing three deals. Meta is signing 20 year deals to buy power from Perry, Davis-Besse, and Beaver Valley nuclear plants for more than 2600 MW of power. All three plants are owned by Vistra (VST). The plants were previously owned by FirstEnergy (FE). Meta will support Oklo (OKLO) to develop 1. 2 GW of power capacity in Ohio and prepay for power as well as provide funding to advance the project. Meta will fund two reactors from TerraPower. President Trump is instructing Fannie Mae (FNMA) and Freddie Mac (FMCC) to buy $200B of mortgage bonds. President Trump is taking this action to spur home buying. In The Arora Report analysis, this will reduce the 30 year mortgage rate by about 0. 25%, but it will slightly increase the yield on long Treasury bonds. This is positive for home builder ETF (ITB) and stocks of home builders such as KB Home (KBH), D. R. Horton (DHI), and Lennar (LEN). This is also a positive for mortgage companies such as Rocket (RKT). President Trump says oil majors will spend $100B to support U. S. goals in Venezuela. The Supreme Court may rule on tariffs today. The consensus is the Supreme Court will find a way to support President Trump. Prudent investors need to know that companies are already lining up to seek refunds of tariffs they have paid in case the Supreme Court rules against the tariffs. The Supreme Court decision may be market moving especially if the Supreme Court rules against the tariffs. University of Michigan consumer sentiment will be released at 10am ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Housing Starts Housing starts came worse than expected, but builders are optimistic as demonstrated by higher building permits. Here are the details: September housing starts came at 1. 306M vs. 1. 320M consensus. September building permits came at 1. 415M vs. 1. 340M consensus. October housing starts came at 1. 246M vs. 1. 340M consensus. October building permits came at 1. 412M vs. 1. 355M consensus. China And Japan China continues to put more pressure on Japan due to Japan’s support for Taiwan. China appears to be emboldened by U. S. action in Venezuela. In the latest move, China is restricting exports of rare earths to Japan. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL), Nvidia (NVDA), Alphabet (GOOG), and Tesla (TSLA). In the early trade, money flows are neutral in Amazon (AMZN) and Meta (META). In the early trade, money flows are negative in Microsoft (MSFT). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is *** due to the pending Supreme Court decision. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6983 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 142 points. Gold futures are at $4488, silver futures are at $78. 10, and oil futures are at $58. 25. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, CRML, EUAD, GOLD, ITA, MARKETS, NVDA, OIL, QQQ, RTX, SILVER, SPY By Nigam Arora To gain an edge, this is what you need to know today. Classic Trump Whipsaw Please click here for a chart of defense company RTX (RTX). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of RTX stock is being used to illustrate the point. The chart shows a big drop in RTX when President Trump said he would ban defense companies from buy backs and issuing dividends. President Trump singled out RTX as a big offender. Other defense stocks experienced a similar large drop. Only two hours later, the chart shows a big spike up in RTX, along with other defense stocks, when President Trump said he wants to build the dream military. President Trump wants to increase the 2027 defense budget from $1T to $1. 5T. RTX is in the ZYX Buy Core Model Portfolio. The Arora Report uses over 50 different strategies. RTX was bought using the strategy of buying on a big dip in a stock due to temporary problems that are fixable. In the case of RTX, the problem was with Pratt & Whitney aircraft engines. RTX was bought at an average price of $80. 70. RTX is trading at $192. 47 as of this writing in the premarket. This represents a gain of 139%. For those who prefer ETFs, aerospace and defense ETF ITA is in the ZYX Allocation Model Portfolio and has large unrealized gains. President Trump wants to pay for the increase in defense spending with tariffs. All of the aggressive buying shown on the chart is coming from the momo crowd. In The Arora Report analysis, prudent investors should do some basic math. Tariffs generated $195B in fiscal year 2025. The estimates for tariffs from fiscal year 2026 range from $191B to $247B. President Trump wants to spend another $500B on defense and pay for it with tariffs. President Trump also wants to use tariffs to pay down U. S. debt by perhaps $1T. President Trump also wants to send $2000 of free money to each low and middle income American. Estimates of the cost range from $280B - $600B depending upon eligibility criteria. The numbers for money coming in and money going out do not add up. Also be mindful that tariffs are being challenged in the U. S. Supreme Court. The speculation is the Supreme Court will announce its decision tomorrow. The consensus is the Supreme Court will find a way to support President Trump. Prudent investors need to know that companies are already lining up to seek refunds of tariffs they have paid in case the Supreme Court rules against the tariffs. European defense stocks are rocketing. European defense stock ETF EUAD is in the ZYX Allocation Model Portfolio. The reason behind the move in European defense stocks is President Trump’s threat to use force to take over Greenland. A good way to profit from President Trump’s threats to take over Greenland is the stock of rare earth miner Critical Metals (CRML). CRML has a project in Greenland. CRML is in the ZYX Buy portfolio that surrounds the Core Model Portfolio. CRML should only be bought on pullbacks. After a long delay, China has approved purchases on Nvidia’s (NVDA) H200 chips. In an unusual move, Nvidia is demanding full payment upfront and saying the orders will not be able to be cancelled. Q3 productivity surged to 4. 9% vs. 4. 9% consensus. Of note is the Q3 labor costs declined 1. 9% vs. a consensus of an increase of 0. 8%. In The Arora Report analysis, the surge in productivity and decline in unit labor costs are two excellent pieces of news for the U. S. economy and the stock market. AI is beginning to show its impact in increasing productivity and reducing costs. JOLTS job openings released yesterday came at 7. 146M vs. 7. 449M prior. Initially jobless claims came at 208K vs. 217K consensus. The official jobs report will be released tomorrow at 8:30am ET. ISM Non-Manufacturing Index released yesterday came at 54. 4 vs. 52. 2 consensus. In The Arora Report analysis of the data, non-manufacturing activity is staying strong but job growth is likely to slow. The Fed may use slowing job growth as an excuse to cut interest rates. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), and Nvidia (NVDA). In the early trade, money flows are negative in Apple (AAPL), Microsoft (MSFT), Tesla (TSLA), and Meta (META). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** gold in the early trade. For longer-term, please see gold and silver ratings. Oil EIA crude inventories had a drop of 3. 83M barrels vs. consensus of a drop of 1. 33M barrels. The higher than expected drop has brought buying into oil. The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6955 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 171 points. Gold futures are at $4434, silver futures are at $74. 65, and oil futures are at $56. 84. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. (To see the locked content, please take a 30 day free trial) Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, CVX, GOLD, MARKETS, MU, NVDA, OIL, QQQ, SILVER, SNDK, SPY, SSD, STX, WDC By Nigam Arora To gain an edge, this is what you need to know today. NAND Mania Please click here for a chart of Chevron (CVX). Note the following: The chart shows that on the morning of January 5th, Chevron (CVX) traded as high as $172 in the premarket. In the overnight trading on Sunday, Chevron traded even higher. The chart shows that as of this writing, Chevron has pulled back to $157. 64. Earlier, Chevron stock was even lower. As the chart shows, Chevron stock has moved up on the news that Chevron is teaming up with a private equity firm to buy the international assets of Lukoil, a big Russian oil producer. The chart shows a big spike up at the premarket open on January 5th. The buying in Chevron was the result of heavy pumping by momo gurus over the weekend, urging their followers to load up on Chevron in the overnight trading. The chart shows that The Arora Report’s proprietary VUD indicator was warning against buying Chevron. The chart shows the VUD indicator was consistently orange. The proprietary VUD indicator is the most sensitive real time indicator of supply and demand. Green indicates net demand, and orange indicates net supply. On January 5th 2026, the Morning Capsule identified Chevron as a winner from developments in Venezuela, we wrote: Chevron is the only major U. S. oil company operating in Venezuela and controls about 25% of Venezuela’s oil production. The Arora Report gave signals on several stocks and an ETF on Venezuela development, but did not give a signal on Chevron, and we wrote: Unlike the momo crowd, prudent investors should control the FOMO (fear of missing out) emotion. Prudent investors should focus on signals when they are given by the proven ZYX Change Method with a long track record. Prudent investors should also consider buying in the Arora buy zones and also have access to proper position sizes, stop zones, and target zones. New signals will be given as appropriate. We received many inquiries from members as to why The Arora Report did not give a buy signal on Chevron. Some of the reasons were already explained in the January 5th Morning Capsule. Prudent investors should note that, as important as it is to buy the right positions, it is also important not to buy the wrong position into euphoria, where the ZYX Change Method indicates the high probability of a fade. Now, with the benefit of hindsight, The Arora Report call to not buy Chevron on the morning of January 5th has proven spot on. A NAND memory mania has been triggered by Nvidia (NVDA). Nvidia CEO Jensen Huang said, “With existing high-bandwidth memory (HBM), it’s far from sufficient to support GPUs, and the memory bottleneck is only getting worse,” and explained the concept of a ‘new memory storage platform. ’ The new concept uses NAND memory. The market interpreted this as using solid-state disk drives (SSD). A buying mania is occurring in the stocks of Micron Technology (MU), SanDisk (SNDK), Western Digital (WDC), and Seagate Technology (STX). MU is long from an average of $21. 77 in ZYX Buy. It is trading at $338. 92 as of this writing. This represents a gain of 1456%. There are many implications for investors of the Rubin platform architecture. For those wanting next-level information for investors on this subject, in due course, there will be podcasts in Arora Ambassador club. In the stock market, the Dow Jones Industrial Average (DJIA) has just experienced the biggest gain in 23 years in the first three days of a new year. For the last three days, the rise in DJIA has been 2. 9%. The last time it gained more was 5. 2% in 2003. ADP is the largest private payroll processor in the United States. ADP uses its data to give an advance glimpse of jobs picture ahead of the official Jobs Report that will be released on Friday. ADP employment change came in at 41K vs 45K consensus. The Supreme Court may potentially announce a decision on tariffs on Friday. The decision if announced, will likely be market moving, especially if the Supreme Court rules against President Trump. The consensus in the stock market is that the Supreme Court will find a way to support President Trump. Venezuela will sell 50M barrels of oil to the United States and its allies. Normally, this oil would have gone to China. The most important point here is that the sale will occur in dollars. Venezuela was selling to China in yuans. For the dollar to remain king dollar, it is extremely important that oil keeps on trading in dollars. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are neutral in Tesla (TSLA), NVDA, Alphabet (GOOG), and Amazon (AMZN). In the early trade, money flows are negative in Apple (AAPL), Meta (META), and Microsoft (MSFT). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and in Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6988 as of this writing. S&P 500 futures resistance levels are 7200 and 7000: support levels are 6780, 6500, and 6256. DJIA futures are up 72 points. Gold futures are at $4459, silver futures are at $77. 34, and oil futures are at $56. 95. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMD, BTCUSD, DIA, GOLD, MARKETS, NVDA, OIL, QQQ, SILVER, SPY, TSLA By Nigam Arora To gain an edge, this is what you need to know today. Nvidia Challenges Tesla Please click here for a chart of Dow Jones Industrial Average (DIA). Note the following: The chart shows the U. S. move in Venezuela triggered a new high in the Dow Jones Industrial Average. The Arora Report’s call that the stock market would rise if the U. S. attacked Venezuela has been validated. On December 1, we wrote: President Trump has said that the air space around Venezuela should be considered closed. If the U. S. attacks Venezuela, expect the stock market to rally. President Trump wants U. S. oil companies to invest heavily in Venezuela. U. S. oil companies are reluctant. The U. S. government is looking into subsidizing investments by U. S. oil companies in Venezuela. Nvidia (NVDA) is announcing the first “thinking car” will be on the road as soon as 2027. The good news for Tesla (TSLA) is Nvidia is not directly making cars. The bad news for Tesla is that Nvidia is making the technology available to other car companies, making it easier for them to compete with Tesla. Nvidia is unveiling the Alpamayo family of AI models, simulation tools, and datasets. Nvidia CEO Jensen Huang said, “Robotaxis are among the first to benefit. Alpamayo brings reasoning to autonomous vehicles, allowing them to think through rare scenarios, drive safely in complex environments and explain their driving decisions - it's the foundation for safe, scalable autonomy. " Nvidia has also launched Rubin earlier than expected. Rubin has several innovations: Transformer Engine Confidential computing RAS Engine Nvidia Vera CPU NVLink interconnect technology Nvidia is also introducing new open source AI models for robot learning. In the past, such announcements would have helped NVDA stock rocket. This time, the reaction in NVDA stock is muted so far. In The Arora Report analysis, the reason is NVDA stock is now over-owned. When a stock is over-owned, almost anyone who is going to buy has already bought. It takes a lot to move the stock higher. The slightest bit of negative news can cause a major dip. Advanced Micro Devices (AMD) has also made several impressive product launches for AI. Again, the stock’s reaction is muted so far because AMD is an expensive stock. Unlike NVDA stock, AMD stock is not over-owned. ISM Manufacturing Index came at 47. 9 vs. 48. 4 consensus yesterday. On one hand, the stock market likes this number because it helps the Fed lower interest rates. On the other hand, the stock market is counting on higher earnings from the manufacturing sector – this number shows the stock market may not get its wish. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Nvidia (NVDA). In the early trade, money flows are neutral in Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Apple (AAPL). In the early trade, money flows are negative in Tesla (TSLA). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin The U. S. move in Venezuela has triggered aggressive buying in bitcoin (BTC. USD). Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6944 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 49 points. Gold futures are at $4478, silver futures are at $78. 95, and oil futures are at $58. 65. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMD, BTCUSD, CNQ, COP, CRML, CVX, GDRZF, GOLD, HAL, INTC, MARKETS, MP, NVDA, OIH, OIL, PBF, QQQ, RMLFF, SILVER, SLB, SPY, SU, USAR, VLO By Nigam Arora To gain an edge, this is what you need to know today. Major Development Please click here for a chart of Halliburton stock (HAL). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of HAL stock is being used to illustrate the point. President Trump has extracted Venezuelan President Maduro by force. Maduro is being produced in front of a court in New York. President Trump has said that the U. S. will run Venezuela and invest billions in oil. Venezuela has the world’s largest oil reserves of roughly 303B barrels of crude oil. A major beneficiary of developments in Venezuela is oil service company Halliburton. HAL is in the ZYX Buy Core Model Portfolio. The chart shows the gap up in HAL stock in the early trade on the prospects of Halliburton getting significant business in Venezuela. The chart shows that HAL is now overbought. Overbought stocks are vulnerable to pullbacks. Here are other winners from developments in Venezuela: Chevron (CVX) is the only major U. S. oil company operating in Venezuela and controls about 25% of Venezuela’s oil production. ConocoPhillips (COP) has about $10B in claims against Venezuela that may be worth about $20B including interest and fees. SLB (SLB) is a major oil service company. Valero Energy (VLO) and PBF Energy (PBF) are two refiners that will benefit from an increase of availability of Venezuelan heavy crude oil. Those looking for higher reward situations may look at two microcaps: Rusoro Mining Limited (RMLFF) has gold mining properties in Venezuela. It owns 95% of Choco 10 mine and 50% of Isidora mine. Gold Reserve Limited (GDRZF) is a Bermuda company that has been involved in gold and copper mining in Venezuela and has claims against Venezuela for expropriation. Gold Reserve, at present, has no active mining operations in Venezuela. Those interested in ETFs may look at oil services ETF (OIH). OIH is in the ZYX Allocation Model Portfolio. All of the foregoing stocks and the ETF are gapping up as of this writing in the premarket. Momo crowd buying is very aggressive. Unlike the momo crowd, prudent investors should control the FOMO (fear of missing out) emotion. Prudent investors should focus on signals when they are given by the proven ZYX Change Method with a long track record. Prudent investors should also consider buying in the Arora buy zones and also have access to proper position sizes, stop zones, and target zones. New signals will be given as appropriate. In The Arora Report analysis, here are the key points prudent investors should consider that the momo crowd is ignoring: Years of leftist rule have left oil infrastructure in Venezuela in shambles. Venezuela is producing significantly less oil now than it was producing 10 years ago. It will take tens of billions of dollars of investment and a long time to bring Venezuelan oil back to full production. Expect the momo crowd that is buying today to be disappointed because there will not be a quick increase in oil production. So far, there has not been significant resistance in Venezuela, but that does not mean that resistance will not emerge. The U. S. has now given presidential powers to Venezuelan Vice President Rodríguez, who has been an anti-U. S. crusader all her life. Prudent investors should be especially careful to not fall prey to the highly flawed analysis propagated by momo gurus. Momo gurus are multiplying 303B barrels by $57 per barrel to come up with $17. 3T, then they are extrapolating that even if the U. S. gets 50% of it, the U. S. just got $8. 7T. Nothing could be farther from the truth than this flawed analysis. In The Arora Report analysis, Venezuelan oil is highly viscous heavy crude that is high in sulfur. It is expensive to extract. In the end, the margin for oil companies may only be $5 - $7 per barrel. Further, it is not that 300 barrels are sitting in a warehouse. The oil is in the ground, and some of it may be very challenging to extract. There are also many losers from the Venezuela development. Two notable losers are Canadian oil companies Suncor Energy (SU) and Canadian Natural Resources (CNQ). It may be easier to make money from the short side. Short selling signals will be in ZYX Short. In The Arora Report analysis, the big win for the U. S. is that Venezuela will no longer be selling oil to China in yuans. For the dollar to stay king, it is important for oil to continue trading in dollars. China has been working hard to topple the king dollar. China had made great progress towards its goal by persuading Venezuela to sell oil in yuans. In The Arora Report analysis, China is the big loser here in the short term. Tensions between the U. S. and China may increase. Here are the beneficiaries: Intel (INTC) is a beneficiary because of its U. S. based foundries. Rare earth miners such as MP Materials (MP), USA Rare Earth (USAR), and Critical Metals (CRML) are also beneficiaries. Investors should be mindful of crosscurrents that always exist in the markets. For example, Taiwan Semiconductor Manufacturing stock (TSM) would have been down this morning on the Venezuela news, but instead it is up because a major Wall Street bank increased its target by 35%. There is jubilation in China as many in the Chinese media are claiming that the U. S. has just handed a blueprint to China to capture Taiwan. The momo crowd is oblivious. Gold and silver are the winners in the short term from the Venezuela situation. However prudent investors should be aware that Venezuela’s central bank holds 161 tonnes of gold. Further, 31 tonnes of Venezuelan gold is being held in the Bank of England’s vaults and is tied up in litigation. If some of Venezuela’s gold is sold, it can potentially cause a major dip in gold and silver. What has happened in Venezuela is a major development. Prudent investors should take time to fully grasp its implications in the short term and long term. Be careful as the media is full of highly flawed analysis driven by agendas that are not in investors’ best interest. The easiest and best way to build your knowledge is to listen to the podcast in Arora Ambassador Club titled “WHY POPULAR VENEZUELA ANALYSIS IS WRONG – WHAT INVESTORS SHOULD DO. ” To get on the waitlist to join Arora Ambassador Club, please click here to fill out the form. Both Nvidia (NVDA) and Advanced Micro Devices (AMD) CEOs are giving keynote speeches at CES. Historically, these speeches have run up not only NVDA and AMD stocks but all AI stocks. Wall Street is front running, buying AI stocks in the hope of selling them to retail investors at higher prices. ISM Manufacturing Index will be released at 10am ET and may be market moving. Friday will see the first jobs report not impacted by the government shutdown. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Microsoft (MSFT) and Meta (META). In the early trade, money flows are negative in Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil OPEC+ decided to leave production unchanged. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6915 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 3 points. Gold futures are at $4423, silver futures are at $75. 17, and oil futures are at $57. 85. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, GOLD, MARKETS, OIL, QQQ, SILVER, SPX, SPY By Nigam Arora To gain an edge, this is what you need to know today. Front Running Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that in spite of the best efforts of momo gurus and extremely aggressive momo crowd buying, the stock market failed to reach the magnet in 2025. The chart shows that so far the Santa Claus rally has not materialized the way bulls expected. This is a negative. Expect momo gurus to try very hard to push the stock market to the magnet. This morning, Wall Street is front running blind money. Wall Street expects to sell stocks at higher prices to blind money this afternoon or Monday. Blind money is the money that flows into the stock market on the first two days of the month without any analysis or regard for market conditions. Blind money flows are especially strong on the first two trading days of January. On the negative side, many investors have been holding off selling stocks to avoid paying capital gains taxes for 2025. Now that the calendar has turned, expect many investors to sell stocks to book gains. Prudent investors know that unrealized gains can quickly disappear. One of the tenants of the ZYX Change Method is to always be in the mode of realizing some profits. Beyond the short term crosscurrents, prudent investors need to be mindful that every single major Wall Street bank is very bullish on the stock market for 2026. The best way to understand the implication is to think of a boat where everyone is crowded on one side, hanging over the edge. Everything goes smooth, but if there is a storm, the boat can easily capsize because of uneven weight distribution. When it is all said and done, the new year targets put out by Wall Street analysts end up doing investors more harm than good. Those interested in deeply understanding, listen to the podcast titled “THE CLASSIC MISTAKE OF THE NEW YEAR PROJECTIONS TRAP. ” Corporate insiders took advantage of the strong market in 2025 and unloaded billions of dollars of shares. The momo crowd was more powerful than ever before in 2025. Expect the momo crowd to be extremely aggressive in the stock market in 2026. As usual, expect smart money to be data dependent in 2026. Also expect smart money to have significant protective measures in place. Looking ahead, January 9 and 13 will be very important days. January 9 will see the first jobs report not impacted by the government shutdown. January 13 will see Consumer Price Index (CPI) data. Earnings season is ahead and will be the major determinant of the stock market direction. Earning estimates are very bullish. As investors look forward, investors need to be mindful that the stock market is primed for perfection. Prudent investors should position themselves to take advantage if perfection truly occurs but also be mindful that there is no cushion if earnings or interest rates are worse than the perfect scenario. There is no room for error or adverse events. The U. S. dollar experienced the worst year since 2017. This drove the dollar debasement trade, making gold have the best year since 1979. Going forward, prudent investors should be very concerned about U. S. government policies and attempts by China that are leading to dollar debasement. In the short term, dollar debasement is positive for the stock market, but it is a negative for the stock market in the long term. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is aggressively buying stocks in the early trade. Smart money is inactive in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is positive This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold And Silver CME again raised margin on silver. This is a negative for silver. On the positive side, starting today, China is restricting exports of refined silver. Momo gurus’ predictions of silver going to $100 in 2025 did not come true. Keep in mind that a vast majority of momo gurus only jumped in on the silver bandwagon over the last month or two and do not have a long history of accurate silver and gold analysis. Momo crowd *** (To see the locked content, please take a 30 day free trial) in silver in the early trade is very aggressive. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil OPEC+ is likely to maintain its present output at its meeting this weekend. This is putting pressure on the price of oil this morning. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6927 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 157 points. Gold futures are at $4377, silver futures are at $73. 46, and oil futures are at $56. 86. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, GOLD, MARKETS, OIL, QQQ, SILVER, SI_F, SLV, SPY By Nigam Arora To gain an edge, this is what you need to know today. Silver Foretells Please click here for a chart of silver futures (SI_F). Note the following: The chart shows the parabolic move in silver from $65 to $82. 67. The chart shows a likely short term blow-off top yesterday evening. Only time will confirm if it is a blow-off top in the short term. Here were the triggers that came along on Sunday evening for a potential short term blow-off top: China is restricting the export of refined silver starting January 1. China is a net importer of raw silver but a big exporter of refined silver. The exchange increased margin on silver futures. The premium on silver in Dubai and Shanghai widened. The momo crowd jumped in buying like there is no tomorrow. The chart shows silver is pulling back this morning. Year to date, silver has moved up over 160%. Silver ETF (SLV) is in the ZYX Buy Core Model Portfolio. SLV is long from an average of $13. 96. Momo gurus are out in full force saying that silver will cross $100 before the end of the year. Prudent investors should keep in mind that momo gurus are almost always wrong at inflection points. All prudent investors need to pay attention to the price action in silver as it may be foretelling of opportunities and perils ahead for investors in a number of assets, including stocks. To fully understand, investors should consider two cycles. In the first cycle, The Arora Report was giving ‘back up the truck and buy’ signals for silver around $17. Silver subsequently rose to close to $50. The day silver was close to $50, The Arora Report gave a signal to sell all the silver long position and short sell silver. Further, The Arora Report call was silver would fall to $34 in a very short time. That was the day we received the most hate email as everyone was extremely bullish on silver and the crowd could not stand the sole contrary call. It turned out that the day of The Arora Report call turned out to be the top in silver. In a very short time, silver fell to $34 and went on to fall to the $11 range. In the second cycle, The Arora Report call was to accumulate silver again for the long term. The call was made near the lows. At that time, no one wanted silver. Yesterday, Sunday evening, investors were rushing to buy silver futures, and silver futures hit a high of $82. 67. Over the last few days, silver has become the momo crowd’s most favorite trade. This time, The Arora Report gave a signal to take partial profits on silver, but not a signal to sell all of the silver and go short. Here are the differences: In 2011, sentiment in silver was deep in the extreme zone. In 2025, sentiment on silver has not even reached the extreme zone. In 2011, supply and demand for physical silver was in balance. In 2025, for the fifth year in a row, demand for physical silver is exceeding supply. In 2011, the Fed was independent. In 2025, there is a risk that the Fed will lose its independence going forward. In 2011, the risk of dollar debasement was not high. In 2025, the risk of dollar debasement is high. In The Arora Report analysis, the last two of the foregoing factors can potentially impact all investments going forward, not just silver. The pullback in silver as of this writing is dampening the sentiment in stocks and bringing in mild selling. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) in silver in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in silver in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing cross currents related to silver. Some bitcoin holders are selling bitcoin to buy silver. Others are buying bitcoin, hoping bitcoin will do exactly what silver has done. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6949 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 105 points. Gold futures are at $4436, silver futures are at $72. 91, and oil futures are at $58. 13. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: CWAN By Nigam Arora 222nd Buyout Congratulations! Software company Clearwater Analytics (CWAN) has become the 222nd Arora Portfolio company to receive a buyout offer. Clearwater Analytics provides a cloud-based software platform for institutional investors. Clearwater’s platform could replace fragmented legacy tools with a unified system and near real time visibility across public and private markets. The Offer CWAN has received a $24. 55 per share cash offer. The deal is expected to close in the first half of 2026. The agreement includes a go-shop provision that ends on January 23. What To Do Now Due to a fair probability of a higher offer, consider continuing to hold most of the position, but consider taking partial profits right around here. CWAN is trading at $24. 15 as of this writing in the premarket. Profiting From Buyouts To date, 222 Arora Portfolio companies have been bought out, providing large gains for members who routinely invest in buyout targets. This performance is better than the firms that charge $50,000 per year and provide buyout advice. With The Arora Report, you get so much more. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMZN, BTCUSD, CRCL, DIA, DJIA, FDX, GDX, GLD, GOLD, IWM, MAGS, MARKETS, MU, NEM, NKE, NVDA, OIL, ORCL, QQQ, SILVER, SLV, SPX, SPY, TBF, TBT, USO, V By Nigam Arora & Dr. Natasha Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' BANK OF JAPAN RAISES INTEREST RATE TO HIGHEST SINCE 1995, FLAWED INFLATION DATA, ORACLE TIKTOK DEAL Dec 19, 2025 To gain an edge, this is what you need to know today. Impact On Carry Trade Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows tech stocks are back to the top band of zone 1 (resistance). The chart shows QQQ did not dip to the lower half of zone one before bouncing. This is a positive. After today, liquidity will dramatically drop. Expect momo gurus to take advantage of lower liquidity to push their followers to aggressively buy tech stocks. Expect momo gurus to try their best to push QQQ to a new high. Momo gurus already have very bullish projections for 2026. Prudent investors need to understand that momo gurus are like a one way street — they are perma bulls — always bullish. Tech stocks have a potential to be impacted negatively due to the Bank of Japan (BOJ) raising its key rate. Often, there is a significant delay in the impact. BOJ raised its key rate to 0. 75% from 0. 5%. The rate has been at 0. 5% since January 2025. 0. 75% is the highest rate in Japan since 1995. BOJ Governor Ueda is indicating that further rate hikes may be ahead. The 10-year Japanese Government Bond (JGB) has risen above 2%. In The Arora Report analysis, after years of deflation, inflation is now taking hold at around 3% in Japan. Deflation kept interest rates near zero for a long time. Further in The Arora Report analysis, BOJ will also have to face the fact that the Japanese economy is losing momentum. This will make it harder to raise rates significantly. Interest rates in Japan have been important for the carry trade. Over the last couple of years, funds have been borrowing money in Japan and investing in the AI trade in the U. S. These funds are highly leveraged. As such, they will come under pressure and reduce their borrowings and sell some of their AI holdings if BOJ continues to raise rates. The inflation data released by the US government is flawed. Due to the government shutdown, the government was unable to gather some data. The government imputed some numbers. In The Arora Report analysis, it is highly likely that actual inflation data was higher than the released data. At any other time of the year, the realization that the released data was flawed would have negatively impacted the stock market. However, today, the stock market is focused on positive seasonality ahead, ignoring that yesterday's rally was on flawed CPI data. New York Fed President John Williams says that he does not see a “sense of urgency” to cut the Fed fund rate. Williams eventually sees rates lower than where they are now. Lately, Oracle (ORCL) stock has been under pressure due to its plan to heavily borrow to build data centers. This morning, ORCL stock is jumping on news TikTok owner ByteDance has formed a new joint venture for its new U. S. business. Oracle is a part owner of the joint venture. The joint venture will be responsible for data protection, algorithmic security, content moderation, and software assurance. Positive seasonality is ahead. In anticipation of positive seasonality ahead, money flows into U. S. stocks are becoming large. If history is a guide, smart money buying now will exit the positions they are buying now by the end of the year. The momo crowd will continue to hold. Today is triple witching. In triple witching, stock futures, stock index options, and stock options expire. Triple witching often leads to volatility. In important earnings, Nike (NKE) reported earnings better than consensus. Nike's business is doing well in the U. S. NKE stock is tumbling because of headwinds in China. FedEx (FDX) reported earnings better than consensus but worse than whisper numbers. Prudent investors pay attention to FedEx earnings because they are an important indication of the economy. The release of PCE and personal income and spending data is delayed. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Alphabet (GOOG) and Meta (META). In the early trade, money flows are negative in Apple (AAPL). In the early trade, money flows are neutral in S&P 500 ETF (SPY) and positive in Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** stocks in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6835 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 26 points. Gold futures are at $4363, silver futures are at $66. 06, and oil futures are at $56. 43. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. BETTER THAN EXPECTED INFLATION DATA, BULLISH MICRON PROJECTIONS BRING BUYING IN AI TRADE Dec 18, 2025 To gain an edge, this is what you need to know today. Better Than Expected Inflation Data Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market is moving up on better than expected inflation data and Micron (MU) projections. The chart shows that the stock market is in between zone 1 (support) and the magnet. RSI on the chart shows that the stock market is coming out of the oversold zone and thus has significant room to run to the upside. Here are the details of Consumer Price Index (CPI) data: Headline CPI came at 0. 2% (2-month change September-November) vs. 0. 3% consensus. Year-over-year CPI now stands at 2. 7% vs. 3. 0% prior. Core CPI came at 0. 2% (2-month change September-November) vs. 0. 3% consensus. Core CPI year-over-year now stands at 2. 6% vs. 3. 0% prior. In The Arora Report analysis, looking below the surface at various components of the CPI data, CPI is significantly better than expected. This increases the probability of a rate cut in January to 60%. President Trump is likely to use the Bank of England (BOE) and the European Central Bank (ECB) decisions to put pressure on the Fed. Please see the U. K. and Europe sections below. Initial jobless claims came at 224K vs 229K consensus. This data is inline with The Arora Report expectations. Initial jobless claims is a leading indicator and carries heavy weight in our adaptive ZYX Asset Allocation Model with inputs in ten categories. In plain English, adaptiveness means that the model changes itself with market conditions. Please click here to see how this is achieved. One of the reasons behind The Arora Report's unrivaled performance in both bull and bear markets is the adaptiveness of the model. Most models on Wall Street are static. They work for a while and then stop working when market conditions change. Blowout earnings from memory maker Micron (MU) are bringing buying in the AI trade in the early morning. Here are the key points: Micron is guiding Q2 EPS of $8. 42 vs. $4. 71 consensus. High Bandwidth Memory (HBM) is sold out through calendar year 2026. Customers are engaging in multiyear agreements. Micron is projecting a total addressable market for HBM of $100B. Micron is guiding gross margins of 68%. Micron is guiding CapEx to $20B from $18B. In The Arora Report analysis, due to AI, the memory upcycle this time is likely to be more sustainable compared to past cycles. Memory goes through boom and bust cycles. MU is in ZYX Buy in the portfolio that surrounds the Core Model Portfolio. MU is long from $21. 77, representing a gain of 1072% as of this writing in the premarket. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. U. K. The BOE cut its key interest rate to 3. 75% from 4%. Four of nine members wanted to keep the rate at 4%. BOE expects inflation to reach its 2% target in 2027. Europe ECB leaves its key rate unchanged at 2%. ECB is also raising its growth forecast for 2026 and 2027. ECB expects inflation to reach its 2% target in 2028. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6831 as of this writing. S&P 500 futures resistance levels are 7000 and 7200: support levels are 6780, 6500, and 6256. DJIA futures are up 212 points. Gold futures are at $4374, silver futures are at $66. 53, and oil futures are at $56. 11. BUYING IN GOLD, OIL, AND DOLLAR ON VENEZUELA BLOCKADE, SILVER HITS RECORD, FED CREDIBILITY AT RISK Dec 17, 2025 To gain an edge, this is what you need to know today. Silver Record Please click here for a chart of silver ETF (SLV). Note the following: The chart shows silver took a leg up to a new record. RSI on the chart shows silver is overbought and could be susceptible to a sharp pullback. As we have previously stated, the magnet for silver futures is $70. Silver futures are trading at $66. 27 as of this writing. SLV is in the ZYX Buy Core Model Portfolio. On December 1, we wrote: President Trump has said that the air space around Venezuela should be considered closed. If the U. S. attacks Venezuela, expect the stock market to rally. The U. S has not yet attacked Venezuela, but President Trump has ordered the total blockade of sanctioned oil tankers. The news is bringing in buying in gold, silver, oil, the dollar, and stocks. If the U. S. attacks Venezuela and Venezuela resists, expect the foregoing markets to go higher. On the other hand, if Venezuela gives in or the U. S. prevails easily, expect all of the foregoing markets to go lower. We have been sharing with you the Fed’s credibility is at risk as the Fed has continued to cut interest rates based on political pressure. Now, the Fed’s own Atlanta Fed President Bostic is eloquently echoing the sentiment, writing, “Nobody knows. But what we do know is that credibility is a cornerstone of effective monetary policy. I am mindful of just how precious and hard-won our credibility is, and how difficult it would be to regain that credibility should it slip away. In my view, a half decade—and likely soon to be longer—of missing the inflation target could well imperil the Committee's credibility as a steward of price stability. ” Fed Governor Waller said inflation is improving, but there is less certainty on jobs. Micron (MU) earnings will be released in the after hours. Micron earnings will impact the entire AI trade. Micron has been one of the best performing stocks this year due to AI’s demand for high bandwidth memory. MU is in ZYX Buy in the portfolio that surrounds the Core Model Portfolio. MU is long from $21. 77, representing a gain of 987% as of this writing in the premarket. Amazon (AMZN) is considering a $10B investment in OpenAI. OpenAI may agree to use Amazon’s Trainium chip in further challenge to Nvidia (NVDA). There is potentially more circular financing here. Consumer Price Index (CPI) will be released tomorrow at 8:30am ET. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOG), and Apple (AAPL). In the early trade, money flows are neutral in Meta (META) and Nvidia (NVDA). In the early trade, money flows are negative in Tesla (TSLA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a draw of 9. 3M barrels vs. a consensus of a draw of 2. 2M barrels. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6877 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 134 points. Gold futures are at $4377, silver futures are at $66. 22, and oil futures are at $55. 99. ANEMIC WAGE GROWTH BUT GOOD RETAIL SALES, OIL AND DEFENSE STOCKS FALL Dec 16, 2025 To gain an edge, this is what you need to know today. Mixed Jobs Report Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows that tech stocks are now just under the top band of zone 1 (support). RSI on the chart shows that tech stocks are oversold. Oversold markets tend to bounce. This is especially important because positive seasonality is ahead. The momo crowd immediately bought stocks after the release of the economic data, but, as of this writing, the rally failed. The November jobs report was mixed. Here are the details: Non-farm payrolls came at 64K vs. 30K consensus. Non-farm private payrolls came at 69K vs. 34K consensus. Unemployment rate came at 4. 6% vs. 4. 4% consensus. Average work week came at 34. 3 vs. 34. 3 consensus. Average hourly earnings came at 0. 1% vs. 0. 3% consensus. In The Arora Report analysis, here are the important takeaways: Average hourly wage growth is anemic. This indicates that many people are getting raises of about only 1%. Unemployment has risen. This is especially important because the Fed is laser focused on the unemployment rate. Job growth remains solid. Prudent investors closely watch retail sales data as the U. S. economy is 70% consumer based. Retail sales are solid with the exception of autos. Here is the latest retail sales data. October headline retail sales came at 0. 0% vs. 0. 3% consensus. October retail sales ex-auto came at 0. 4% vs. 0. 3% consensus. In The Arora Report analysis, after this data, the probability of the Fed cutting interest rates in January is 20%. Of course, inflation data is ahead and may change the picture. The U. S. has offered Ukraine a security guarantee. This could bring the end of the Ukraine war closer. Defense stocks and oil are seeing selling in the early trade. In an important development, Visa (V) will use USDC stablecoin for a pilot stablecoin settlement program. USDC is issued by Circle (CRCL). As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Nvidia (NVDA). In the early trade, money flows are neutral in Amazon (AMZN). In the early trade, money flows are negative in Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. Wall Street machines will jump on whichever direction the market starts moving and exaggerate the move. Expect the market to open lower. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound with downward bias. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6865 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 31 points. Gold futures are at $4334, silver futures are at $63. 24, and oil futures are at $55. 62. SMALL CAPS OUTPERFORM MAG SEVEN, IMPORTANT ECONOMIC DATA AHEAD, GOLD BUYING ON DOLLAR DEBASEMENT FEAR Dec 15, 2025 To gain an edge, this is what you need to know today. Small Caps Outperforming Please click here for a chart of small cap ETF (IWM). Note the following: Over the last month, small caps ETF IWM has outperformed the Magnificent Seven represented by ETF MAGS by 5%. On December 4, we wrote in the Morning Capsule: The move up in small caps is being driven by the higher probability of a rate cut as shown by Fed fund futures. Money has been flowing into small caps since the latest Fed rate cut. The chart shows IWM broke out above zone 1 (support). RSI on the chart shows IWM has pulled back but is still in the overbought zone. This RSI pattern often leads to higher prices. IWM may become more overbought. Seasonality favors small caps. IWM is in the ZYX Allocation Model Portfolio. It is important that investors are diversified beyond the Magnificent Seven. The official jobs report will be released tomorrow at 8:30am ET and may be market moving. October Retail sales and housing starts will also be released tomorrow at 8:30am ET. Additional economic data is ahead: November retail sales will be released on Wednesday at 8:30am ET. Consumer Price Index (CPI) and initial jobless claims will be released on Thursday at 8:30am ET. On Friday, the Fed’s favorite inflation gauge PCE will be released at 8:30am ET, along with personal income and spending. University of Michigan consumer sentiment will be released at 10am ET. If all of the foregoing data is benign, expect that stock market to ratchet up. However, if the data is concerning, data driven selling can overcome positive seasonality. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Alphabet (GOOG), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are neutral in Meta (META) and Microsoft (MSFT). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Buying in gold and silver is very aggressive. Here are the key points: The Fed cut interest rates even when the data did not justify it. President Trump may name Kevin Hassett as the next Fed chair. The foregoing are raising alarms that the U. S. government is about to tacitly debase the dollar. To protect themselves, investors are rushing into gold. Central banks continue to buy gold. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Gold ETF (GLD) is in the ZYX Allocation Model Portfolio. Gold miner Newmont (NEM) and silver ETF (SLV) are in the ZYX Buy Model Portfolio. An additional trade around position in NEM stock is in ZYX Buy reached its target, partial profits have been taken, and the target has been raised on the remaining quantity. Trade around positions is a technique used by hedge funds and billionaires to dramatically increase returns and reduce risk. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound, but the rally attempts continue to be met with selling. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6924 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 228 points. Gold futures are at $4374, silver futures are at $64. 02, and oil futures are at $57. 17. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. Dr. Natasha Arora Dr. Natasha Arora has significant expertise in investment analysis especially biotech, healthcare, and technology. Natasha is a graduate of Harvard Medical School followed by a postdoc at MIT. She has published several peer reviewed research papers in top science journals. --- - Categories: 0 - Tags: BTCUSD, FDX, GOLD, MARKETS, NKE, OIL, ORCL, QQQ, SILVER, SPY By Nigam Arora To gain an edge, this is what you need to know today. Impact On Carry Trade Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows tech stocks are back to the top band of zone 1 (resistance). The chart shows QQQ did not dip to the lower half of zone one before bouncing. This is a positive. After today, liquidity will dramatically drop. Expect momo gurus to take advantage of lower liquidity to push their followers to aggressively buy tech stocks. Expect momo gurus to try their best to push QQQ to a new high. Momo gurus already have very bullish projections for 2026. Prudent investors need to understand that momo gurus are like a one way street — they are perma bulls — always bullish. Tech stocks have a potential to be impacted negatively due to the Bank of Japan (BOJ) raising its key rate. Often, there is a significant delay in the impact. BOJ raised its key rate to 0. 75% from 0. 5%. The rate has been at 0. 5% since January 2025. 0. 75% is the highest rate in Japan since 1995. BOJ Governor Ueda is indicating that further rate hikes may be ahead. The 10-year Japanese Government Bond (JGB) has risen above 2%. In The Arora Report analysis, after years of deflation, inflation is now taking hold at around 3% in Japan. Deflation kept interest rates near zero for a long time. Further in The Arora Report analysis, BOJ will also have to face the fact that the Japanese economy is losing momentum. This will make it harder to raise rates significantly. Interest rates in Japan have been important for the carry trade. Over the last couple of years, funds have been borrowing money in Japan and investing in the AI trade in the U. S. These funds are highly leveraged. As such, they will come under pressure and reduce their borrowings and sell some of their AI holdings if BOJ continues to raise rates. The inflation data released by the US government is flawed. Due to the government shutdown, the government was unable to gather some data. The government imputed some numbers. In The Arora Report analysis, it is highly likely that actual inflation data was higher than the released data. At any other time of the year, the realization that the released data was flawed would have negatively impacted the stock market. However, today, the stock market is focused on positive seasonality ahead, ignoring that yesterday's rally was on flawed CPI data. New York Fed President John Williams says that he does not see a “sense of urgency” to cut the Fed fund rate. Williams eventually sees rates lower than where they are now. Lately, Oracle (ORCL) stock has been under pressure due to its plan to heavily borrow to build data centers. This morning, ORCL stock is jumping on news TikTok owner ByteDance has formed a new joint venture for its new U. S. business. Oracle is a part owner of the joint venture. The joint venture will be responsible for data protection, algorithmic security, content moderation, and software assurance. Positive seasonality is ahead. In anticipation of positive seasonality ahead, money flows into U. S. stocks are becoming large. If history is a guide, smart money buying now will exit the positions they are buying now by the end of the year. The momo crowd will continue to hold. Today is triple witching. In triple witching, stock futures, stock index options, and stock options expire. Triple witching often leads to volatility. In important earnings, Nike (NKE) reported earnings better than consensus. Nike's business is doing well in the U. S. NKE stock is tumbling because of headwinds in China. FedEx (FDX) reported earnings better than consensus but worse than whisper numbers. Prudent investors pay attention to FedEx earnings because they are an important indication of the economy. The release of PCE and personal income and spending data is delayed. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Alphabet (GOOG) and Meta (META). In the early trade, money flows are negative in Apple (AAPL). In the early trade, money flows are neutral in S&P 500 ETF (SPY) and positive in Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** stocks in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6835 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 26 points. Gold futures are at $4363, silver futures are at $66. 06, and oil futures are at $56. 43. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, GOLD, MARKETS, MU, OIL, QQQ, SILVER, SPX, SPY By Nigam Arora To gain an edge, this is what you need to know today. Better Than Expected Inflation Data Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market is moving up on better than expected inflation data and Micron (MU) projections. The chart shows that the stock market is in between zone 1 (support) and the magnet. RSI on the chart shows that the stock market is coming out of the oversold zone and thus has significant room to run to the upside. Here are the details of Consumer Price Index (CPI) data: Headline CPI came at 0. 2% (2-month change September-November) vs. 0. 3% consensus. Year-over-year CPI now stands at 2. 7% vs. 3. 0% prior. Core CPI came at 0. 2% (2-month change September-November) vs. 0. 3% consensus. Core CPI year-over-year now stands at 2. 6% vs. 3. 0% prior. In The Arora Report analysis, looking below the surface at various components of the CPI data, CPI is significantly better than expected. This increases the probability of a rate cut in January to 60%. President Trump is likely to use the Bank of England (BOE) and the European Central Bank (ECB) decisions to put pressure on the Fed. Please see the U. K. and Europe sections below. Initial jobless claims came at 224K vs 229K consensus. This data is inline with The Arora Report expectations. Initial jobless claims is a leading indicator and carries heavy weight in our adaptive ZYX Asset Allocation Model with inputs in ten categories. In plain English, adaptiveness means that the model changes itself with market conditions. Please click here to see how this is achieved. One of the reasons behind The Arora Report's unrivaled performance in both bull and bear markets is the adaptiveness of the model. Most models on Wall Street are static. They work for a while and then stop working when market conditions change. Blowout earnings from memory maker Micron (MU) are bringing buying in the AI trade in the early morning. Here are the key points: Micron is guiding Q2 EPS of $8. 42 vs. $4. 71 consensus. High Bandwidth Memory (HBM) is sold out through calendar year 2026. Customers are engaging in multiyear agreements. Micron is projecting a total addressable market for HBM of $100B. Micron is guiding gross margins of 68%. Micron is guiding CapEx to $20B from $18B. In The Arora Report analysis, due to AI, the memory upcycle this time is likely to be more sustainable compared to past cycles. Memory goes through boom and bust cycles. MU is in ZYX Buy in the portfolio that surrounds the Core Model Portfolio. MU is long from $21. 77, representing a gain of 1072% as of this writing in the premarket. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. U. K. The BOE cut its key interest rate to 3. 75% from 4%. Four of nine members wanted to keep the rate at 4%. BOE expects inflation to reach its 2% target in 2027. Europe ECB leaves its key rate unchanged at 2%. ECB is also raising its growth forecast for 2026 and 2027. ECB expects inflation to reach its 2% target in 2028. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6831 as of this writing. S&P 500 futures resistance levels are 7000 and 7200: support levels are 6780, 6500, and 6256. DJIA futures are up 212 points. Gold futures are at $4374, silver futures are at $66. 53, and oil futures are at $56. 11. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMZN, BTCUSD, GLD, GOLD, MARKETS, MU, NVDA, OIL, QQQ, SILVER, SLV, SPY, USO By Nigam Arora To gain an edge, this is what you need to know today. Silver Record Please click here for a chart of silver ETF (SLV). Note the following: The chart shows silver took a leg up to a new record. RSI on the chart shows silver is overbought and could be susceptible to a sharp pullback. As we have previously stated, the magnet for silver futures is $70. Silver futures are trading at $66. 27 as of this writing. SLV is in the ZYX Buy Core Model Portfolio. On December 1, we wrote: President Trump has said that the air space around Venezuela should be considered closed. If the U. S. attacks Venezuela, expect the stock market to rally. The U. S has not yet attacked Venezuela, but President Trump has ordered the total blockade of sanctioned oil tankers. The news is bringing in buying in gold, silver, oil, the dollar, and stocks. If the U. S. attacks Venezuela and Venezuela resists, expect the foregoing markets to go higher. On the other hand, if Venezuela gives in or the U. S. prevails easily, expect all of the foregoing markets to go lower. We have been sharing with you the Fed’s credibility is at risk as the Fed has continued to cut interest rates based on political pressure. Now, the Fed’s own Atlanta Fed President Bostic is eloquently echoing the sentiment, writing, “Nobody knows. But what we do know is that credibility is a cornerstone of effective monetary policy. I am mindful of just how precious and hard-won our credibility is, and how difficult it would be to regain that credibility should it slip away. In my view, a half decade—and likely soon to be longer—of missing the inflation target could well imperil the Committee's credibility as a steward of price stability. ” Fed Governor Waller said inflation is improving, but there is less certainty on jobs. Micron (MU) earnings will be released in the after hours. Micron earnings will impact the entire AI trade. Micron has been one of the best performing stocks this year due to AI’s demand for high bandwidth memory. MU is in ZYX Buy in the portfolio that surrounds the Core Model Portfolio. MU is long from $21. 77, representing a gain of 987% as of this writing in the premarket. Amazon (AMZN) is considering a $10B investment in OpenAI. OpenAI may agree to use Amazon’s Trainium chip in further challenge to Nvidia (NVDA). There is potentially more circular financing here. Consumer Price Index (CPI) will be released tomorrow at 8:30am ET. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOG), and Apple (AAPL). In the early trade, money flows are neutral in Meta (META) and Nvidia (NVDA). In the early trade, money flows are negative in Tesla (TSLA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a draw of 9. 3M barrels vs. a consensus of a draw of 2. 2M barrels. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6877 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 134 points. Gold futures are at $4377, silver futures are at $66. 22, and oil futures are at $55. 99. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, CRCL, GOLD, MARKETS, OIL, QQQ, SILVER, SPY, V By Nigam Arora To gain an edge, this is what you need to know today. Mixed Jobs Report Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows that tech stocks are now just under the top band of zone 1 (support). RSI on the chart shows that tech stocks are oversold. Oversold markets tend to bounce. This is especially important because positive seasonality is ahead. The momo crowd immediately bought stocks after the release of the economic data, but, as of this writing, the rally failed. The November jobs report was mixed. Here are the details: Non-farm payrolls came at 64K vs. 30K consensus. Non-farm private payrolls came at 69K vs. 34K consensus. Unemployment rate came at 4. 6% vs. 4. 4% consensus. Average work week came at 34. 3 vs. 34. 3 consensus. Average hourly earnings came at 0. 1% vs. 0. 3% consensus. In The Arora Report analysis, here are the important takeaways: Average hourly wage growth is anemic. This indicates that many people are getting raises of about only 1%. Unemployment has risen. This is especially important because the Fed is laser focused on the unemployment rate. Job growth remains solid. Prudent investors closely watch retail sales data as the U. S. economy is 70% consumer based. Retail sales are solid with the exception of autos. Here is the latest retail sales data. October headline retail sales came at 0. 0% vs. 0. 3% consensus. October retail sales ex-auto came at 0. 4% vs. 0. 3% consensus. In The Arora Report analysis, after this data, the probability of the Fed cutting interest rates in January is 20%. Of course, inflation data is ahead and may change the picture. The U. S. has offered Ukraine a security guarantee. This could bring the end of the Ukraine war closer. Defense stocks and oil are seeing selling in the early trade. In an important development, Visa (V) will use USDC stablecoin for a pilot stablecoin settlement program. USDC is issued by Circle (CRCL). As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Nvidia (NVDA). In the early trade, money flows are neutral in Amazon (AMZN). In the early trade, money flows are negative in Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. Wall Street machines will jump on whichever direction the market starts moving and exaggerate the move. Expect the market to open lower. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound with downward bias. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6865 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 31 points. Gold futures are at $4334, silver futures are at $63. 24, and oil futures are at $55. 62. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 By Nigam Arora No worries if you missed out on huge profits in 2025. There are significant opportunities ahead in global growth. Take a look at these moves in 2025: Korea ETF up 82% Africa ETF up 64% South Africa ETF up 64% Vietnam ETF up 60% Importance Of Diversification Beyond The AI Trade The AI trade is creating great opportunity, but there is a risk to the U. S. dollar from $38T in national debt and reckless spending by the U. S. government. Prudent investors are diversifying where growth is – outside the U. S. Emerging markets have quietly gone from ignored to global equity leadership. So far in 2025, broad emerging markets have outperformed developed markets and even the S&P 500, helped by easing inflation, policy shifts in key countries, and a rebound from deeply depressed valuations. At the same time, the global AI build out, supply chain rewiring away from China, and the beginning of a global rate cut cycle are reshaping which emerging economies deserve fresh capital and which should be treated with caution. The Arora Report has updated its ratings and buy zones on ETFs representing 16 key emerging economies. Emerging Markets Are No Longer A Sideshow For years, U. S. mega cap tech stocks dominated global returns. Today, the story is broader: Long-term projections show emerging markets driving about two-thirds of global growth through 2035. The Asian Development Bank raised growth forecasts for developing Asia, citing strong demand from high tech economies and faster than expected growth in India and parts of Southeast Asia. In other words, we are moving deeper into a decade where emerging markets are not just a diversifier – they are central to where growth and innovation are happening. Four Big Shifts There are four structural shifts: AI And Data Center Supply Chains – The AI boom is not just about U. S. hyperscalers. Chip fabrication, packaging, and data-center build outs are anchoring growth in Taiwan, South Korea, India, and parts of Southeast Asia. Countries with the right mix of tech talent, power capacity, and regulatory stability are set to benefit. China-Plus-One and Nearshoring – Corporations are diversifying away from single country exposure to China. Capital and factories are flowing to Vietnam, Mexico, India, and ASEAN economies, with Vietnam and Mexico in particular seeing strong manufacturing FDI and nearshoring tailwinds. Domestic Demand Powerhouses – Economies like India, Brazil, Indonesia, and South Africa are less tied to export cycles and more to internal consumption and services. India, for example, combines high growth with a recent valuation reset that has brought its market closer in line with the U. S. on forward P/E. Policy and Reform Divergence – Some emerging economies are executing credible reforms and attracting capital. Others are stuck in old cycles of inflation, poor governance, or currency stress. Why Emerging Markets Matter Now Several forces are aligning at the same time: Rate cuts are easing pressure on emerging market currencies and funding costs. AI and tech demand are boosting exports and investment into select emerging market hubs. Long term growth remains significantly higher than in developed markets, and emerging market equities are still nowhere near the valuation extremes seen in past bubbles. Flows into emerging markets remain inconsistent and sentiment is still fragile. That is often when disciplined investors can build positions before the next wave of hot money arrives. Please click here to take advantage of a FREE 30 day trial. We are confident that using our disciplined global framework can help you generate significantly more wealth over your investing lifetime than relying on conventional, rearview mirror approaches. If you are serious about navigating this AI driven, rate cut world with an edge, start a 30 day free trial to ZYX Emerging by The Arora Report. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMD, AVGO, BTCUSD, CGC, CIFR, CRWV, DIA, DIS, DJIA, EUAD, GDX, GLD, GOLD, GOOG, GOOGL, IREN, MAGS, MARKETS, MJ, MSOS, NBIS, NEM, NQ_F, NVDA, OIL, ORCL, QQQ, SFTBY, SILVER, SLV, SPX, SPY, TBF, TBT, TLRY, TLT, USO, XME By Nigam Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' OVER-OWNED AI STOCK AVGO LEADING TECH STOCK SELLING, MARIJUANA STOCKS RISE ON TRUMP PUSH, NATO CHIEF WARNS Dec 12, 2025 To gain an edge, this is what you need to know today. Tech Stock Selling Please click here for a chart of Broadcom stock (AVGO). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of AVGO is being used to illustrate the point. After the Oracle (ORCL) debacle, investors had been looking forward to earnings from AI chip maker Broadcom. The chart shows the spike up in AVGO stock on earnings. The chart shows the reversal in AVGO stock on the conference call. Here are the key points about Broadcom earnings: The earnings were better than consensus and whisper numbers. This is what caused the stock to initially rally. On the conference call, AVGO stock fell indicating that the margins will be about 100 bps lower. In The Arora Report analysis, here are the important points about Broadcom that prudent investors need to know: Broadcom has become over-owned. A stock is over-owned when more investors than normal already own it, and they own much larger quantities than they would normally own. When a stock like AVGO is over-owned, the slightest bit of news that is not positive causes buyers to simultaneously exit through the same narrow door. AVGO stock has run up mostly on momo crowd buying. Lately, there has been very little smart money buying. Broadcom’s AI revenue is mostly concentrated from one customer. The customer is Google (GOOG, GOOGL). Broadcom has some revenue from Anthropic, but it is also around the Google design. There is a lot of hype for custom silicon for AI. However, investors are not understanding that custom silicon, when focused on one large customer, is inherently a low margin business. In addition to being over-owned, Broadcom is also significantly overvalued. As a reference point, Broadcom is more expensive than Nvidia (NVDA) by several metrics. This morning, on the negative side, the dip in AVGO stock is bringing in selling in many tech stocks. On the positive side, the momo crowd is aggressively buying the dip. Positive seasonality is in play. Investors continue to buy non-tech stocks as Fed Chair Powell was mostly dovish and not hawkish as anticipated. Aggressive buying in gold and silver that was triggered by Fed Chair Powell being dovish continues. In spite of rising yields, the 30-year Treasury auction went well. Here are the details: $22B 30-year Treasury bond High yield: 4. 773% (When-Issued: 4. 774%) Bid-to-cover: 2. 36 Indirect bid: 65. 4% Direct bid: 23. 5% As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Marijuana Rescheduling President Trump is planning to reclassify marijuana from Schedule I to Schedule III. Marijuana stocks and ETFs are ripping higher, including Pure U. S. Cannabis ETF (MSOS), Amplify Alternative Harvest ETF (MJ), Tilray Brands (TLRY), and Canopy Growth (CGC). For those interested, ZYX Buy has a model marijuana portfolio. The portfolio can be accessed from the main menu. NATO Chief Warns NATO Secretary General Mark Rutte warned during the Munich Security Conference that “Russia could be ready to use military force against NATO within five years. ” Prudent investors should always attempt to get ahead of the curve. Consider taking this warning from Rutte seriously. European Defense ETF (EUAD) is in the ZYX Allocation Model Portfolio. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), and Nvidia (NVDA). In the early trade, money flows are neutral in Apple (AAPL), Microsoft (MSFT), and Tesla (TSLA). In the early trade, money flows are negative in Meta (META). In the early trade, money flows are positive in S&P 500 ETF (SPY) and negative in Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold This morning, both gold and silver and seeing aggressive buying. The buying is specially aggressive in miners. Gold miner Newmont (NEM) is in the ZYX Buy Model Portfolio. Mining ETF (XME) is in the ZYX Allocation Model Portfolio. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6907 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 113 points. Gold futures are at $4375, silver futures are at $64. 67, and oil futures are at $57. 57. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. MOMO CROWD BUYS ORACLE AI CAPEX FEAR DIP, BROADCOM EARNINGS WILL EXASPERATE OR EXTINGUISH AI OVERBUILDING FEAR Dec 11, 2025 To gain an edge, this is what you need to know today. Key Earnings Ahead For AI Trade Please click here for a chart of Nasdaq futures (NQ_F). Note the following: The chart shows significant selling on Oracle (ORCL) earnings. The chart shows the momo crowd stepped in to buy the dip. Why is the momo crowd buying the dip so aggressively? The answer is to the momo crowd every tiny dip must be bought. The VUD indicator shows that in the early trade there is net demand for stocks. The VUD indicator is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand. Here are the key points from Oracle earnings: Oracle reported earnings of $2. 26 vs. $1. 64 consensus, but the beat was due to a one time gain from selling Oracle’s stock in Ampere to SoftBank (SFTBY). Revenue came at $16. 06B vs. $16. 19B consensus. Revenue rose by 14% year-over-year. The backlog rose to $523B. Capex was $12B vs. $8. 4B consensus. Oracle is increasing its full year capex projection from $35B to $50B. The tone on the conference call was highly confident and positive. On the conference call, the company went out of its way to state the following: Oracle will work towards maintaining its credit rating. Some analysts’ estimates that Oracle will have to borrow $100B are too high. Oracle has a tight process in place to control its spending. Even though Oracle did an excellent job to alleviate fears on the conference call, it did not work. Analysts are fixated on two numbers – $12B capex spend in the last quarter and raising the full year capex by $15B. The drop in Nasdaq futures shown on the chart is a direct result of these two capex numbers from Oracle. In The Arora Report analysis, Oracle has a tremendous opportunity ahead. Oracle is borrowing aggressively to capture the opportunity. If Oracle is successful, ORCL stock will go much higher. ORCL stock in the very long term can move to $516 - $533. On the other hand, if rumors start flying that Oracle will get a credit downgrade, the stock will continue to fall. On a credit downgrade, ORCL stock can drop to $150. As a reference, ORCL stock is trading at $193. 68 as of this writing in the premarket. Oracle has rekindled fears of AI overbuilding. It is hitting the stocks of Nvidia (NVDA), Advanced Micro Devices (AMD), CoreWeave (CRWV), Nebius (NBIS), and IREN (IREN). In The Arora Report analysis, how ORCL stock moves from here will have a major impact on the entire stock market. Broadcom (AVGO) will report earnings in the after market today. Broadcom earnings have the potential to extinguish or exasperate AI overbuilding fears. Broadcom is Google’s (GOOG, GOOGL) partner for TPUs. Initial jobless claims came at 236K vs. 191K prior. Initial jobless claims rose, but continuing claims fell to 1. 838M from prior 1. 937M. Together, this set of data does not present any concern right now. Prudent investors should note 10-year Treasuries had a yield of 3. 65% on September 18, 2024 just before the Fed started this easing cycle with a 50 bps cut. After 175 bps cuts by the Fed, the 10-year Treasury yield is now at 4. 14%. Here lies the Achilles’ heel. As the Fed has lowered short term interest rates, long term interest rates have risen. In important news, Disney (DIS) is making a $1B investment in ChatGPT maker OpenAI and will become a major customer of OpenAI. This is not the greatest news for Google. Disney is also sending a cease and desist letter to Google. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL). In the early trade, money flows are negative in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), Microsoft (MSFT), Meta (META), and Tesla (TSLA). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is extremely aggressively buying silver. Silver is hitting a new all time high. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6865 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 19 points. Gold futures are at $4246, silver futures are at $62. 80, and oil futures are at $57. 35. ORACLE EARNINGS WILL BE A TELL ON DEBT FUELED AI TRADE, GLOBAL YIELDS TO 16 YEAR HIGH AHEAD OF FED CUT Dec 10, 2025 To gain an edge, this is what you need to know today. Global Yields Hit 16 Year High Please click here for a chart of Oracle stock (ORCL). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of ORCL stock is being used to illustrate the point. The chart shows ORCL stock spiked up after the last earnings. The reason for the spike was Oracle saying it had $500B of backlog for its data centers. The chart shows ORCL stock was not able to maintain its spike up and fell when the following were discovered: $300B - $350B of the backlog was from ChatGPT maker OpenAI. The deal involved circular financing with Nvidia (NVDA). In The Arora Report analysis, ORCL stock would have likely pulled back to the zone of $262 - $293 and then risen much higher if it was not for the unexpected development of Oracle’s decision to go on an extreme borrowing binge. The chart shows ORCL stock falling as the debt binge increased. ORCL went from a conservative, high potential stock to a high risk, high reward stock in one quarter. For those who are interested in next level information, there is a podcast on this specific subject and several related podcasts in Arora Ambassador Club. Oracle reports earnings after hours today. Depending upon earnings and the commentary, the stock has the potential to move up $80 or fall $50. A move in ORCL stock will likely impact the entire AI trade, and especially data center stocks like IREN (IREN), Nebius (NBIS), CoreWeave (CRWV), and Cipher (CIFR). There is a profitable position on IREN in ZYX Buy. A new signal on IREN is in ZYX Buy. As a member of The Arora Report, you have been ahead of the curve regarding yields in Japan. Rising yields in Japan have had a major impact on global bond yields. Today, global bond yields are hitting a 16 year high. This is occurring just before the Fed is highly likely to cut interest rates. The consensus is the Fed’s rate cut will be accompanied by hawkish commentary. There are also likely to be dissents in both directions. The Fed will announce its interest rate decision today at 2pm ET, followed by a press conference from Fed Chair Powell at 2:30pm ET. In spite of all of the negative crosscurrents, investors should not ignore history. History tells us that the last 20 times the Fed cut interest rates when the stock market was within 2% of its all time high, 100% of the time the stock market went higher over the next 12 months. The reason is a part of the excess liquidity the Fed provides goes into the stock market. Keep in mind that this is only one of the many factors investors should consider. Investors should consider using a proven adaptive model that provides a 360 degree analysis like the ZYX Asset Allocation Model. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. China Neck To Neck In AI Race It is not politically correct to say, but as a prudent investor, you need to know the truth, irrespective of political correctness. In The Arora Report analysis, there is significant evidence that China is neck to neck with the U. S. in the AI race. The U. S. has a big edge with Nvidia as Nvidia’s Blackwell chip is the most capable AI chip around. The U. S. has banned the export of Blackwell chips to China. How is China keeping up? China appears to be keeping up by smuggling Blackwell chips. There is a new report that the latest DeepSeek AI model was trained on smuggled Blackwell chips. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN) and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL) and Nvidia (NVDA). In the early trade, money flows are negative in Microsoft (MSFT), Alphabet (GOOG), and Meta (META). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a draw of 4. 8M barrels vs. a consensus of a draw of 1. 7M barrels. The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin A major international bank that has been uber bullish on bitcoin has cut its bitcoin targets: $100K from prior $200K in 2025, $150K from prior $300K in 2026, and $225K from prior $400K in 2027. Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6848 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 2 points. Gold futures are at $4230, silver futures are at $61. 51, and oil futures are at $58. 36. YIELDS ON LONG BONDS RISE AS FED MOVES TO A RATE CUT, NVIDIA MAY NOT SELL AS MANY CHIPS TO CHINA AS BULLS THINK Dec 9, 2025 To gain an edge, this is what you need to know today. Bonds Not Cooperating With Stock Market Bulls Please click here for a chart of 20+ year Treasury bond ETF (TLT). Note the following: The chart shows in October TLT moved into zone 2 (resistance) on hopes of more interest rate cuts. The chart shows the move into zone 2 did not last long, and TLT fell. The chart shows TLT is now in zone 3 (support). The chart shows TLT is approaching the danger zone. Especially noteworthy for prudent investors is what happened in 2024. The chart shows in 2024 TLT broke out above zone 1 (resistance) in anticipation of a 50 bps rate cut by the Fed. The chart shows when the Fed announced a 50 bps rate cut in 2024. The chart shows that at a time when everyone was extremely bullish on bonds, The Arora Report made a highly contrary call that bonds would fall. The chart shows that the highly contrary call from The Arora Report was spot on as TLT fell from above zone 1 all the way to the top band of zone 4 (support). The chart shows that a micro-version of what happened in 2024 is building now. There are several reasons why long bond yields are rising. Rising yields in Japan $38T in national debt Continued reckless spending by the government Heavy borrowing for AI data centers ADP data shows that the private sector added an average of 4,750 jobs per week over the four weeks ending Nov. 22. JOLTS job openings will be released today at 10am ET and may be market moving. The FOMC meeting starts today. The Fed will announce its rate decision tomorrow at 2pm ET followed by a press conference by Fed Chair Powell at 2:30pm ET. Nvidia (NVDA) scored a win as President Trump is now allowing Nvidia to sell its H200 chips to China. In The Arora Report analysis, Nvidia can potentially sell $30B worth of chips to China, generating $0. 70 per share of additional earnings. However, China appears to be snubbing the U. S. There are indications that China may limit the number of H200 chips Chinese companies buy. China is considering ordering H200 buyers to go through an approval process. China’s motive is to push Chinese companies to help develop chips competing with Nvidia in China. The result of the foregoing is that Nvidia may not sell as many chips to China as stock market bulls think. Prudent investors should note new data coming out of the New York Fed – less than 26. 5% of households believe their financial situation will improve in a year. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Japan The five year JGB auction was inline with consensus. Finance Minister Katayama said that the government is closely watching bond market action. In The Arora Report analysis, if needed, the Japanese government appears to be getting ready to intervene in the markets. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Nvidia (NVDA). In the early trade, money flows are neutral in Apple (AAPL), Amazon (AMZN), and Microsoft (MSFT). In the early trade, money flows are negative in Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6850 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 49 points. Gold futures are at $4225, silver futures are at $59. 18, and oil futures are at $58. 73. A MUST SEE CHART IF YOU OWN MAG 7 STOCKS SUCH AS NVIDIA, APPLE, OR TESLA — RISK TO AI TRADE, CHINA BEATS TARIFFS Dec 8, 2025 To gain an edge, this is what you need to know today. Risk To AI Trade Please click here for a chart of Roundhill Magnificent Seven ETF (MAGS) and S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart compares the Magnificent Seven ETF to SPY. The chart shows that MAGS is lagging SPY. The chart shows that during the November stock market dip, MAGS had significant underperformance compared to SPY. This illustrates the newly developing risk in Mag 7 stocks. Performance of Mag 7 would have been much worse than shown on the chart if it were not for about a trillion dollar value added to Alphabet stock (GOOG, GOOGL) on exuberance about TPU. There are several misconceptions amongst investors about Google’s TPU. At a time when most portfolios are heavily overweighted in Mag 7, there are two general beliefs amongst investors: Mag 7 are the safest stocks. Mag 7 stocks will continue to rise at the same pace in the future as they have risen in the recent past. It is important for investors to get ahead of the curve. The chart shows the cracks are beginning to appear, and investors should be ready to change their beliefs and have access to an objective, independent source of knowledge with a long track record, such as The Arora Report. The history shows that there have been numerous times when investors had a belief in a group of stocks, as they do now in Mag 7; every time the favored group of stocks ultimately faltered, investors did not change their beliefs in time and ended up with major losses. At this time, it is especially important to properly diversify your portfolio. Examples of properly diversified portfolios are Core Model Portfolios in ZYX Buy and ZYX Allocation. All investors should consider having a systematic protection mechanism in place, such as the Arora Protection Band. In addition to the Fed decision, this week's earnings from ORCL after close on December 10th and AVGO on December 11th will determine the near term course of the AI trade. ORCL has a $350B deal with OpenAI. Unless OpenAI is able to come up with a new version of ChatGPT that surpasses Google’s Gemini 3, ORCL may have to scale back capex spend on data centers. Of note is that ORCL is borrowing heavily to build these data centers. As a result, ORCL has gone from a conservative stock to a risky stock. There are rumors that OpenAI is close to a new version of ChatGPT that may be better than Gemini 3. AVGO is Google’s partner for TPUs, challenging NVDA. In the early trade momo crowd is buying stocks aggressively on rate cut hopes ahead of the FOMC meeting. The chart shows that this market is very sensitive to interest rates. The chart shows a drop in Mag 7 stocks and SPY in November when the probability of a rate cut fell to 30%. The chart shows that Mag 7 stocks and the market started surging back when New York Fed Governor John Williams said that he was in favor of a rate cut in December. The odds of a rate cut quickly jumped from 30% to 70% in a day, driving the stock market higher. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. China Beats Tariffs In a historic first for any country ever, China’s trade surplus reached $1. 08T for the first 11 months of this year. China achieved this historic milestone in the face of significant tariffs from the US. Just imagine what China could have accomplished if large tariffs from the US were not in place. The historical record demonstrates China’s dominance in manufacturing and its global reach. China redirected exports that would have gone to the US to other parts of the world. This year, China’s exports to Africa have risen by 26%, to Southeast Asia by 14%, and to Latin America by 7. 1%. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are neutral in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), and Apple (AAPL). In the early trade, money flows are negative in Tesla (TSLA) and Meta (META). In the early trade, money flows are positive in S&P 500 ETF (SPY) and in Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates are ticking up and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6888 as of this writing. S&P 500 futures resistance levels are 7000 and 7200: support levels are 6780, 6500, and 6256. DJIA futures are up 20 points. Gold futures are at $4227, silver futures are at $58. 50, and oil futures are at $59. 44. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 By Nigam Arora The stock market is shifting under the pressure of strong crosscurrents. The turbulence creates opportunities patient investors can convert into profit. Fresh Opportunities Across 29 ETFs The Arora Report has released fresh buy zones on a cross section of ETFs that capture powerful macro themes from artificial intelligence and semiconductors to oil services to Indian equities. Here are a few examples: There are opportunities in cyber security. Demand for AI continues to increase. Semiconductors are the lifeblood of the modern economy. If President Trump succeeds, the U. S. may be exporting more grain, thus providing an opportunity for investors. President Trump is helping to increase oil and gas drilling. There are opportunities in oil and gas field services. Why Buy Zones Matter Investors who have used Arora buy zones for the past 18 years have built wealth while taking less risk than the broader market. The process is grounded in the ZYX Change Method, which integrates money flows, fundamentals, sentiment, and quantitative signals. When an ETF touches its buy zone, probabilities tilt in your favor. Stock Market Dip Equals Opportunity Recent volatility has pushed several ETFs into attractive territory. Some positions can be started now. Others require patience. Scaling in in the buy zone is one of the techniques to maximize risk adjusted returns. Decisive Move The next decisive market move rarely waits. Equip yourself and take advantage of current opportunities. 30-Day Free Trial We are so confident that The Arora Report will help you generate up to $5,000,000 more in lifetime wealth compared to any other resource that we are offering a completely free 30-day trial. Your trial includes full access to over a decade of date stamped archives, so you can verify for yourself how well you would have done had you been a member earlier. We are confident you will conclude that with the help of The Arora Report, your performance would have been many, many times better than the major indexes. Please click on the link below to start your free 30-day trial to ZYX Allocation Alert. Please click here to take advantage of a FREE 30 day trial. Your credit card is not charged during the trial. If you choose, you can cancel during the trial period and owe nothing. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: HQY By Nigam Arora Editor’s note: This signal was published on December 10, 2025, in ZYX Buy Change Alert for paid members. Instead of extending certain Obamacare subsidies, as favored by Democrats, Republicans want to provide money directly to health savings accounts (HSA). President Trump favors the HSA approach. HQY is a large HSA custodian. If the Republican bill becomes law, not only will HQY benefit, it will also become a buyout target. Risks There are three major risks: The bill may not become law. President Trump is unpredictable. If the bill becomes law, it may bring more competition. Suitability Due to the risks, this is suitable only for aggressive investors. Zones The buy zone to scale in is *** (To see the locked content, please take a 30 day free trial). HQY is trading at $92. 26 as of this writing. The maximum recommended quantity is ***%. In a buyout, the target zone is $173 - $186. The stop zone is $*** - $***. Profiting From Buyouts To date, 221 Arora Portfolio companies have been bought out, providing large gains for members who routinely invest in buyout targets. This performance is better than the firms that charge $50,000 per year and provide buyout advice. With The Arora Report, you get so much more. As always, there is no guarantee of a buyout. Signal Limited is a Signal(s) with a great record in similar situations but does not meet all of the stringent criteria for a Signal. Typically Signal Limited has higher risk-reward compared to a Signal over the short term. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was published on December 10th on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, CIFR, CRWV, GOLD, IREN, MARKETS, NBIS, NVDA, OIL, ORCL, QQQ, SILVER, SPY By Nigam Arora To gain an edge, this is what you need to know today. Global Yields Hit 16 Year High Please click here for a chart of Oracle stock (ORCL). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of ORCL stock is being used to illustrate the point. The chart shows ORCL stock spiked up after the last earnings. The reason for the spike was Oracle saying it had $500B of backlog for its data centers. The chart shows ORCL stock was not able to maintain its spike up and fell when the following were discovered: $300B - $350B of the backlog was from ChatGPT maker OpenAI. The deal involved circular financing with Nvidia (NVDA). In The Arora Report analysis, ORCL stock would have likely pulled back to the zone of $262 - $293 and then risen much higher if it was not for the unexpected development of Oracle’s decision to go on an extreme borrowing binge. The chart shows ORCL stock falling as the debt binge increased. ORCL went from a conservative, high potential stock to a high risk, high reward stock in one quarter. Oracle reports earnings after hours today. Depending upon earnings and the commentary, the stock has the potential to move up $80 or fall $50. A move in ORCL stock will likely impact the entire AI trade, and especially data center stocks like IREN (IREN), Nebius (NBIS), CoreWeave (CRWV), and Cipher (CIFR). There is a profitable position on IREN in ZYX Buy. A new signal on IREN is in ZYX Buy. As a member of The Arora Report, you have been ahead of the curve regarding yields in Japan. Rising yields in Japan have had a major impact on global bond yields. Today, global bond yields are hitting a 16 year high. This is occurring just before the Fed is highly likely to cut interest rates. The consensus is the Fed’s rate cut will be accompanied by hawkish commentary. There are also likely to be dissents in both directions. The Fed will announce its interest rate decision today at 2pm ET, followed by a press conference from Fed Chair Powell at 2:30pm ET. In spite of all of the negative crosscurrents, investors should not ignore history. History tells us that the last 20 times the Fed cut interest rates when the stock market was within 2% of its all time high, 100% of the time the stock market went higher over the next 12 months. The reason is a part of the excess liquidity the Fed provides goes into the stock market. Keep in mind that this is only one of the many factors investors should consider. Investors should consider using a proven adaptive model that provides a 360 degree analysis like the ZYX Asset Allocation Model. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. China Neck To Neck In AI Race It is not politically correct to say, but as a prudent investor, you need to know the truth, irrespective of political correctness. In The Arora Report analysis, there is significant evidence that China is neck to neck with the U. S. in the AI race. The U. S. has a big edge with Nvidia as Nvidia’s Blackwell chip is the most capable AI chip around. The U. S. has banned the export of Blackwell chips to China. How is China keeping up? China appears to be keeping up by smuggling Blackwell chips. There is a new report that the latest DeepSeek AI model was trained on smuggled Blackwell chips. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN) and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL) and Nvidia (NVDA). In the early trade, money flows are negative in Microsoft (MSFT), Alphabet (GOOG), and Meta (META). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a draw of 4. 8M barrels vs. a consensus of a draw of 1. 7M barrels. The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin A major international bank that has been uber bullish on bitcoin has cut its bitcoin targets: $100K from prior $200K in 2025, $150K from prior $300K in 2026, and $225K from prior $400K in 2027. Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6848 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 2 points. Gold futures are at $4230, silver futures are at $61. 51, and oil futures are at $58. 36. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: CFLT By Nigam Arora Congratulations! Confluent CFLT has become the 221st buyout of an Arora Portfolio company. There is a 33% gain in a short time. Understand CFLT It is important to understand what CFLT does. The reason is that The Arora Report in the process of identifying other similar companies. Such companies may also be bought out. There will be new signals in ZYX Buy when appropriate. Confluent is a real-time data streaming company that lets enterprises move and process data continuously across all their systems. It turns messy, siloed, slow-moving data into a live, unified data pipeline across apps, clouds, and databases. This “data backbone” is mission-critical for modern digital operations. The AI Angle AI systems, especially enterprise generative AI, copilots, and agentic automation, only work as well as the fresh, trusted data they receive. Confluent gives companies: Real-time event streams Low-latency data routing Clean, consistent, governed data feeds This is exactly what production-grade AI needs. In IBM’s words, Confluent becomes the “smart data layer” feeding its AI stack. Why IBM Is Buying It IBM is making its biggest acquisition since Red Hat because: AI requires real-time data: IBM wants end-to-end ownership of the AI + data + hybrid cloud stack. Enterprise infrastructure play: Confluent plugs directly into IBM’s software, consulting, and AI platform, strengthening its competitive moat. Hybrid cloud expansion: IBM is doubling down on multi-cloud data architecture, where Confluent is already widely used. Cross-sell synergy: Confluent’s large enterprise customer base aligns with IBM’s largest, highest-budget clients. The Offer The offer is for $31 cash. The deal is expected to close mid next year. The stock is trading at $29. 74 as of this writing. The 33% gain is to $29. 74. The gain to $31 is 39%. Profiting From Buyouts To date, 221 Arora Portfolio companies have been bought out, providing large gains for members who routinely invest in buyout targets. This performance is better than the firms that charge $50,000 per year and provide buyout advice. With The Arora Report, you get so much more. What To Do Now What to do now is a matter of personal preference. For those deciding to hold, there is an additional return of 8. 47%. There is a slight risk in holding. As always, there is no guarantee that a deal will close. Most investors may consider selling in the open market and taking profits. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was published yesterday on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BLCO, COO By Nigam Arora Earnings Cooper Companies Inc COO reported good earnings. COO traded as high as $90. 01 but has pulled back to $81. 47 as of this writing. Buyout Target Medical device maker COO is a buyout target. In the end, it may be only combining the contact lens unit of COO with the contact lens unit of BLCO. Zones For those following the Good Way, the Buy Now rating is *** (To see the locked content, please take a 30 day free trial) for a very, very small scale in. For those following the Best Way, the buy zone to scale in is $*** - $***. The maximum recommended quantity was ***% when the stock was lower. Those starting a position now may consider a maximum of ***% or less. The new target zone is $107 - $111. The catastrophic stop zone is $*** - $***. This is a medium term position. What To Do Now Those in COO may consider continuing to hold. Those not in COO may consider following the parameters given above. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was published December 5, 2025 on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: ASTS, BTCUSD, CCJ, CPER, CRM, DIA, DJIA, FCX, FQVLF, GDX, GLD, GOLD, GOOG, GOOGL, INTC, IONQ, IWM, KR, MARKETS, MDB, MSFT, MSTR, MSTU, NVDA, OIL, OKLO, QBTS, QQQ, RGTI, RKLB, SILVER, SLV, SMR, SNOW, SPX, SPY, TBF, TBT, TSM, USO, XME By Nigam Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' BIG INVESTORS RUSHING TO HEDGE CREDIT RISK FROM AI SPENDING BINGE – RETAIL INVESTORS OBLIVIOUS Dec 5, 2025 To gain an edge, this is what you need to know today. Hedging Credit Risk Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market bounced off the high band of zone 1 (support). The chart shows the stock market is now close to the prior high. Expect Wall Street to try to push the stock market to the magnet shown on the chart. However, new data and Fed action have the potential to get in the way if they are worse than expectations. RSI on the chart shows the stock market is overbought, but it can become even more overbought. Big investors are becoming concerned about the borrowing binge to build AI data centers. To protect themselves, these big investors are rushing to hedge the risk with credit derivatives. Big investors are also pulling back from buying AI stocks. Retail investors are oblivious. Retail investors among the momo crowd are very aggressively buying AI stocks. Seasonality remains positive and a big driving force. Yesterday, the momo crowd extremely aggressively bought space stocks such as ASTS and RKLB, nuclear stocks such as OKLO, SMR, and CCJ, and quantum computing stocks such as RGTI, IONQ, and QBTS. Sentiment is very positive and approaching extreme positive. Lagging money managers are aggressively chasing the winning stocks in the stock market. PCE, the Fed’s favorite inflation gauge, as well as personal income and spending will be released at 10am ET and may be market moving. University of Michigan consumer sentiment will be released at 10am ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Alphabet (GOOG) and Microsoft (MSFT). In the early trade, money flows are neutral in Apple (AAPL), Meta (META), Nvidia (NVDA), and Amazon (AMZN). In the early trade, money flows are negative in Tesla (TSLA). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6866 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 15 points. Gold futures are at $4265, silver futures are at $58. 74, and oil futures are at $59. 56. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. INITIAL CLAIMS SHOCKER, SMALL CAPS MOVE ON PROSPECT OF A RATE CUT, 10-20% CORRECTION RISK TO AI TRADE Dec 4, 2025 To gain an edge, this is what you need to know today. Shocking Jobless Claims Please click here for a chart of small cap ETF (IWM). Note the following: The chart shows IWM is close to the top band of zone 1 (resistance). RSI on the chart is indicating a high probability of breaking out above zone 1. The move up in small caps is being driven by the higher probability of a rate cut as shown by Fed fund futures. If the stock market pays attention to the just released jobless claims data, bulls will be disappointed as IWM may not immediately break out. IWM is in the ZYX Allocation Model Portfolio. In a shocker, initial jobless claims came at 191K vs. 220K consensus. This is very strong data. Prudent investors should note the contrast between this strong data about jobs and the weak data from ADP yesterday. The difference might be that ADP’s data is only private payrolls, whereas initial jobless claims includes government jobs. Overall, the data does not support a rate cut in December. For this reason, in The Arora Report analysis, the probability of a rate cut in December is 70%, but Fed fund futures are predicting about a 90% probability of a rate cut. Initial jobless claims is a leading indicator and carries heavy weight in our adaptive ZYX Asset Allocation Model with inputs in ten categories. In plain English, adaptiveness means that the model changes itself with market conditions. Please click here to see how this is achieved. One of the reasons behind The Arora Report's unrivaled performance in both bull and bear markets is the adaptiveness of the model. Most models on Wall Street are static. They work for a while and then stop working when market conditions change. Yields in Japan rose again. The yield on the 10 year Japanese government bond (JGB) rose to its highest level since 2007. The 30 year JGB auction received the strongest demand since 2019. The 30 year yield was 3. 44% before the auction but fell to 3. 39% after the auction. In The Arora Report analysis, the move in the 30 year JGB was likely driven by short covering. Prudent investors need to keep an eye on yields in Japan because of the carry trade. Funds have borrowed about $1T in the long standing carry trade and invested in the US. It used to be that in the carry trade, the money was invested in U. S. fixed income. However, over the last couple of years, the money borrowed in Japan has been invested in the AI trade in the U. S. As a reference point, the yield on the 10 year JGB was -0. 3% in 2016, and then it rose and subsequently fell to -0. 295% in 2019. Now, the yield has risen to 1. 92%. One of the factors driving yields higher in Japan is Prime Minister Takaichi’s $135B fiscal stimulus program. In The Arora Report analysis, if the carry trade blows up, there is a 10% - 20% correction risk to the AI trade. Microsoft (MSFT) has pushed back on the report that it is cutting sales quotas for some AI products. Microsoft’s push back helped lift the stock market yesterday. Three notable earnings have been from Salesforce (CRM), Snowflake (SNOW), and Kroger (KR). Among notable earnings, Salesforce earnings are inline with whisper numbers, Snowflake earnings are below whisper numbers, and Kroger earnings are below whisper numbers. ISM services came at 52. 6 vs. 52. 4 consensus. A number above 50 is considered expansion. Investors are eagerly awaiting the Fed’s preferred inflation gauge PCE that will be released tomorrow morning. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. China And India The Chinese currency yuan has reached a 14 month high against the dollar. The momo crowd loves a weak dollar because it drives the stock market higher in the short term. However, as The Arora Report has been sharing with you, in the long term, the hallmark of a strong country is a strong currency. The yuan strengthening against the dollar is proof positive that China has gained the upper hand over the U. S. in trade negotiations. This is also evident from the deference President Trump is showing to China. As an example, China is the biggest importer of Russian oil, but President Trump has done nothing against China for importing Russian oil. On the other hand, President Trump has imposed 50% tariffs on India for being the second biggest importer of Russian oil. This is a long term strategic mistake for the U. S. India is responding by becoming closer to Russia and China. President Putin is visiting India for a state visit. Putin is likely to push India to buy more Russian oil and Russian arms. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Alphabet (GOOG), Nvidia (NVDA), Microsoft (MSFT), Meta (META), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL) and Amazon (AMZN). In the early trade, money flows in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ) were positive before the initial jobless claims data. The money flows have turned negative after the release of the jobless claims data. Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6866 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 15 points. Gold futures are at $4221, silver futures are at $57. 87, and oil futures are at $59. 37. STOCK BUYING ON HASSETT AS POTENTIAL FED CHAIR, AI DRIVES COPPER DEMAND Dec 3, 2025 To gain an edge, this is what you need to know today. Stock Buying Please click here for a chart of copper index fund (CPER). Note the following: The chart shows copper has been moving higher and is now approaching the top band of zone 1 (resistance). There are large money flows into copper as AI drives copper demand. Copper ETF CPER as well as metals and mining ETF XME are in the ZYX Allocation Model Portfolio. Major copper producer FCX is in the ZYX Buy Core Model Portfolio. Also in ZYX Buy is buyout target First Quantum Minerals (FQVLF). The momo crowd is aggressively buying stocks on President Trump indicating that Kevin Hassett is the potential new Fed chair. In The Arora Report analysis, Hassett is highly qualified, charismatic, and close to President Trump. Hassett will be a great choice, who can potentially pull off the difficult feat of doing President Trump’s bidding while still maintaining some credibility for the Fed. ADP data is bringing in selling in the stock market. ADP is the largest private payroll processor in the country. ADP uses its data to provide a glimpse of the official jobs report. The release of the official jobs report is delayed from the government shutdown until December 16. ADP Employment Change came at -32K vs. 20K consensus. Bond yields are falling on the weak ADP report. Just before this publication, stock futures began to sell off on a report that Microsoft (MSFT) is lowering sales quotas for new AI products. PCE, the Fed’s favorite inflation gauge, will be released Friday morning. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. India The Indian rupee is hitting a low based on the data going back to 1957. The reason is U. S. tariffs are hurting the currency. Russian President Putin is about to visit India. Investors should carefully watch how President Trump reacts. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Tesla (TSLA). In the early trade, money flows are neutral in Amazon (AMZN), Nvidia (NVDA), and Apple (AAPL). In the early trade, money flows are negative in Alphabet (GOOG), Microsoft (MSFT), and Meta (META). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a draw of 2. 48M barrels vs. a prior draw of 1. 9M barrels. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin There was aggressive buying in bitcoin (BTC. USD) yesterday and early this morning. However, just before this publication a whale appears to have started selling. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6853 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 79 points. Gold futures are at $4268, silver futures are at $59. 55, and oil futures are at $59. 35. MOMO CROWD BUYING AI STOCKS AND BITCOIN, RED ALERT AT OPENAI Dec 2, 2025 To gain an edge, this is what you need to know today. AI Trade Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows QQQ is trading above the top band of zone 1 (support). RSI on the chart shows the stock market can go either way. The momo crowd’s pattern is to buy the slightest dip in tech stocks and in cryptos. This morning is no different. The momo crowd is buying tech stocks and bitcoin. The momo crowd has suffered massive losses. The call from momo gurus is to buy more now to make up for the losses. As an example, the momo crowd has been concentrated in bitcoin treasury company MSTR leveraged ETF MSTU, which has fallen from a high of $19. 82 to $1. 17 as of this writing in the premarket. This represents a loss of 94%. OpenAI CEO Sam Altman has declared a code red to improve ChatGPT to better compete with Google’s (GOOG, GOOGL) Gemini 3. We previously shared with you The Arora Report’s analysis that investors should expect several cycles of different LLMs leapfrogging each other. In a reversal of fortune, money is flowing back into Nvidia stock (NVDA) and out of GOOG stock. Database company MongoDB (MDB) reported earnings better than consensus and whisper numbers, helped by AI workloads. The stock is jumping 23% as of this writing in the premarket. Members of The Arora Report have a gain of 1583% on MDB. MDB is in the ZYX Buy Core Model Portfolio. ISM Manufacturing Index came at 48. 2 vs. 49 consensus. This is the ninth straight month below 50. A number 50 indicates contraction in manufacturing activity. President Trump will make an announcement at 2pm ET. The announcement will be preceded by a cabinet meeting. President Trump’s announcement may move the markets. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Meta (META), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL) and Microsoft (MSFT). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing aggressive buying. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6850 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 148 points. Gold futures are at $4247, silver futures are at $58. 38, and oil futures are at $59. 03. SILVER BREAKS OUT IN A SHORT SQUEEZE, RISING YIELDS IN JAPAN HITS STOCKS AND BITCOIN Dec 1, 2025 To gain an edge, this is what you need to know today. Rising Yields In Japan Please click here for a chart of silver ETF (SLV). Note the following: The chart shows silver has broken out. In The Arora Report analysis, the breakout is the result of a short squeeze. If a short squeeze takes hold, silver can go to $70. Quantitative tightening (QT) ending, an interest rate cut, and a dovish Fed are all positive for silver. As a member of The Arora Report, you have been ahead of the curve. We have been sharing with you the importance of yields in Japan and the impact on the U. S. markets. In the early trade, both stocks and cryptos are seeing selling due to yields in Japan rising. Bank of Japan (BOJ) Governor Ueda is indicating a potential rate increase this month. Japanese government bond yields are responding by rising to the highest levels since the 2008 financial crisis. The two year yield is up 3 bps to 1. 02%, the five year yield is up 7 bps to 1. 3%, and the ten year yield is up 7 bps to 1. 87%. The yen is also strengthening. Rising yields in Japan have three implications for the U. S. markets: Many funds have been borrowing billions of dollars in Japan and investing in the AI trade in the U. S. If the yields in Japan continue to rise and the yen strengthens, there is potential for the carry trade in theAI trade to unwind. There is a long standing very large trade of funds borrowed in Japan being used to buy bonds in the U. S. This trade has the potential to unwind. Japanese institutions have been big buyers of U. S. Treasuries. The higher yields at home may not only stop Japanese institutions from buying U. S. Treasuries but also prompt selling of U. S. Treasuries. In such a scenario, there is potential for long term yields in the U. S. to rise even if the Fed cuts interest rates. In The Arora Report analysis, the markets in the U. S. are not ready for the following: The carry trade unwinding Long term yields in the U. S. rising even when the Fed cuts rates You may recall the spot on Arora call in September 2024, which was highly contrarian when it was made. At that time, almost everyone was rushing to buy long bonds in anticipation of Fed rate cuts. The Arora Report's call was that long term rates would rise if the Fed cut interest rates by 50 bps. The Fed cut the Fed funds rate from 5. 25% - 5. 50% to 4. 75% - 5. 00%. In response, contrary to the consensus, the ten year yield rose from mid-3% to 4. 3%. Going into the year end, the stock market will have both positive and negative crosscurrents. Whichever direction the stock market starts moving, Wall Street machines will jump on in that direction, exaggerating the move. Here are the positive crosscurrents: QT is ending today. QT ending will increase liquidity and help risk assets. Underperforming money managers will chase by aggressively buying the best performing stocks. In The Arora Report analysis, there is a 70% probability of a Fed rate cut. However, the consensus is about a 90% probability of a rate cut. Seasonality is positive. Going into December, volatility is coming down. Positioning is no longer stretched. Here are the potential negative crosscurrents: Inflation data is hotter than expected. If the Fed cuts rates, the Fed will be cutting rates in a 3% inflation environment at a time when liquidity is already high and the stock market is near its high. This has the potential to raise serious concerns about the Fed’s resolve to fight inflation. The Fed does not cut rates. The Fed is hawkish about future rate cuts. Yields in Japan are rising. If yields in Japan rise further, there is potential for the carry trade to blow up. President Trump has decided the next Fed chair. The announcement of a new Fed chair and speeches from the new Fed chair may be a double-edged sword. It has the potential to make the stock market soar. However, it also has the potential to cause the stock market to drop on concerns about the Fed losing independence. Cryptos and the stock market have become linked. Many investors who are heavily invested in cryptos are also heavily invested in AI stocks. Often, these investors are using significant leverage. Moves in cryptos will be reflected in the AI trade. ISM Manufacturing Index will be released at 10am ET and may be market moving. Expect blind money to flow into the stock market today and tomorrow. Blind money is the money that flows into the stock market on the first two days of the month without any analysis irrespective of market conditions. The momo crowd is aggressively buying the early morning dip in the stock market caused by rising yields in Japan. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. AI Trade Shift Alphabet (GOOG, GOOGL) stock has had a strong move on the release of Gemini 3 and excitement about Google’s tensor processing unit (TPU). Misconceptions are widespread. In The Arora Report analysis, here is what is likely to happen over the coming years: Expect large language models to go through cycles of leapfrogging each other. Google using custom TPUs in its own models and in its own environment is very different from Google becoming a dominant TPU vendor of chips sold to other companies running different models. At The Arora Report, we have been expressing for the last three years that custom ASICs will give serious competition to Nvidia (NVDA). The market is just now waking up to this fact. Venezuela President Trump has said that the air space around Venezuela should be considered closed. If the U. S. attacks Venezuela, expect the stock market to rally. Taiwan Risk Prudent investors need to note that 2027 is the 100th anniversary of the founding of the People’s Liberation Army in China. The concern is that to celebrate the 100th anniversary and for domestic political reasons, China may attack Taiwan. Such an attack will be very negative for stock markets across the globe if the U. S. comes to Taiwan’s aid. However, prudent investors should also be aware that speculation is building that in lieu of trade concessions from China, the U. S. may not help Taiwan. Taiwan is important because chip manufacturing is concentrated in Taiwan. If Taiwan Semiconductor Manufacturing's (TSM) operations are disrupted, that may be devastating to the AI trade but good for Intel (INTC). Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6815 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 218 points. Gold futures are at $4297, silver futures are at $58. 22, and oil futures are at $58. 99. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: ASTS, BTCUSD, CCJ, GOLD, IONQ, MARKETS, OIL, OKLO, QBTS, QQQ, RGTI, RKLB, SILVER, SMR, SPX, SPY By Nigam Arora To gain an edge, this is what you need to know today. Hedging Credit Risk Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market bounced off the high band of zone 1 (support). The chart shows the stock market is now close to the prior high. Expect Wall Street to try to push the stock market to the magnet shown on the chart. However, new data and Fed action have the potential to get in the way if they are worse than expectations. RSI on the chart shows the stock market is overbought, but it can become even more overbought. Big investors are becoming concerned about the borrowing binge to build AI data centers. To protect themselves, these big investors are rushing to hedge the risk with credit derivatives. Big investors are also pulling back from buying AI stocks. Retail investors are oblivious. Retail investors among the momo crowd are very aggressively buying AI stocks. Seasonality remains positive and a big driving force. Yesterday, the momo crowd extremely aggressively bought space stocks such as ASTS and RKLB, nuclear stocks such as OKLO, SMR, and CCJ, and quantum computing stocks such as RGTI, IONQ, and QBTS. Sentiment is very positive and approaching extreme positive. Lagging money managers are aggressively chasing the winning stocks in the stock market. PCE, the Fed’s favorite inflation gauge, as well as personal income and spending will be released at 10am ET and may be market moving. University of Michigan consumer sentiment will be released at 10am ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Alphabet (GOOG) and Microsoft (MSFT). In the early trade, money flows are neutral in Apple (AAPL), Meta (META), Nvidia (NVDA), and Amazon (AMZN). In the early trade, money flows are negative in Tesla (TSLA). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6866 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 15 points. Gold futures are at $4265, silver futures are at $58. 74, and oil futures are at $59. 56. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: MDB By Nigam Arora Nigam Arora returns to Chicago: Future of Finance with Oliver Renick to discuss the major opportunities and risks across software stocks, quantum computing, and global currencies. Nigam shares fresh insights on MongoDB (MDB), explaining why its latest surge was driven largely by a short squeeze and why database companies like MongoDB often become takeover targets, reflected in the 217 buyouts of Arora Portfolio companies. Long time members of ZYX Buy from The Arora Report are sitting on a 1500% gain. Nigam also discusses why today’s quantum ETF structures fail to capture the true upside of the coming quantum revolution and why sophisticated investors may be better served by owning a basket of individual quantum companies instead. Finally, Nigam turns to the Japanese yen, calling it deeply undervalued long-term and warning that an unwind in the yen carry trade could trigger a 10% - 20% correction in the AI trade. Watch the interview for what prudent investors need to know. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 By Nigam Arora Nigam Arora returns to the Schwab Network to weigh in on the Japanese yen carry trade, noting the risk is real for an unwind. Nigam explains that with $1 trillion invested in the carry trade an unwinding of that money can create a 10% to 20% correction in the AI trade. As for the Fed, Nigam offers his analysis of the likely Fed decision at the upcoming FOMC meeting. He also sees silver hitting $70 as a prime short squeeze target. Watch the interview for what investors need to know. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, GOLD, GOOG, GOOGL, MARKETS, MDB, MSTR, MSTU, NVDA, OIL, QQQ, SILVER, SPY By Nigam Arora To gain an edge, this is what you need to know today. AI Trade Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows QQQ is trading above the top band of zone 1 (support). RSI on the chart shows the stock market can go either way. The momo crowd’s pattern is to buy the slightest dip in tech stocks and in cryptos. This morning is no different. The momo crowd is buying tech stocks and bitcoin. The momo crowd has suffered massive losses. The call from momo gurus is to buy more now to make up for the losses. As an example, the momo crowd has been concentrated in bitcoin treasury company MSTR leveraged ETF MSTU, which has fallen from a high of $19. 82 to $1. 17 as of this writing in the premarket. This represents a loss of 94%. OpenAI CEO Sam Altman has declared a code red to improve ChatGPT to better compete with Google’s (GOOG, GOOGL) Gemini 3. We previously shared with you The Arora Report’s analysis that investors should expect several cycles of different LLMs leapfrogging each other. In a reversal of fortune, money is flowing back into Nvidia stock (NVDA) and out of GOOG stock. Database company MongoDB (MDB) reported earnings better than consensus and whisper numbers, helped by AI workloads. The stock is jumping 23% as of this writing in the premarket. Members of The Arora Report have a gain of 1583% on MDB. MDB is in the ZYX Buy Core Model Portfolio. ISM Manufacturing Index came at 48. 2 vs. 49 consensus. This is the ninth straight month below 50. A number 50 indicates contraction in manufacturing activity. President Trump will make an announcement at 2pm ET. The announcement will be preceded by a cabinet meeting. President Trump’s announcement may move the markets. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Meta (META), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL) and Microsoft (MSFT). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing aggressive buying. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6850 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 148 points. Gold futures are at $4247, silver futures are at $58. 38, and oil futures are at $59. 03. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, GOLD, GOOG, GOOGL, INTC, MARKETS, NVDA, OIL, QQQ, SILVER, SPY, TSM By Nigam Arora To gain an edge, this is what you need to know today. Rising Yields In Japan Please click here for a chart of silver ETF (SLV). Note the following: The chart shows silver has broken out. In The Arora Report analysis, the breakout is the result of a short squeeze. If a short squeeze takes hold, silver can go to $70. Quantitative tightening (QT) ending, an interest rate cut, and a dovish Fed are all positive for silver. As a member of The Arora Report, you have been ahead of the curve. We have been sharing with you the importance of yields in Japan and the impact on the U. S. markets. In the early trade, both stocks and cryptos are seeing selling due to yields in Japan rising. Bank of Japan (BOJ) Governor Ueda is indicating a potential rate increase this month. Japanese government bond yields are responding by rising to the highest levels since the 2008 financial crisis. The two year yield is up 3 bps to 1. 02%, the five year yield is up 7 bps to 1. 3%, and the ten year yield is up 7 bps to 1. 87%. The yen is also strengthening. Rising yields in Japan have three implications for the U. S. markets: Many funds have been borrowing billions of dollars in Japan and investing in the AI trade in the U. S. If the yields in Japan continue to rise and the yen strengthens, there is potential for the carry trade in theAI trade to unwind. There is a long standing very large trade of funds borrowed in Japan being used to buy bonds in the U. S. This trade has the potential to unwind. Japanese institutions have been big buyers of U. S. Treasuries. The higher yields at home may not only stop Japanese institutions from buying U. S. Treasuries but also prompt selling of U. S. Treasuries. In such a scenario, there is potential for long term yields in the U. S. to rise even if the Fed cuts interest rates. In The Arora Report analysis, the markets in the U. S. are not ready for the following: The carry trade unwinding Long term yields in the U. S. rising even when the Fed cuts rates You may recall the spot on Arora call in September 2024, which was highly contrarian when it was made. At that time, almost everyone was rushing to buy long bonds in anticipation of Fed rate cuts. The Arora Report's call was that long term rates would rise if the Fed cut interest rates by 50 bps. The Fed cut the Fed funds rate from 5. 25% - 5. 50% to 4. 75% - 5. 00%. In response, contrary to the consensus, the ten year yield rose from mid-3% to 4. 3%. Going into the year end, the stock market will have both positive and negative crosscurrents. Whichever direction the stock market starts moving, Wall Street machines will jump on in that direction, exaggerating the move. Here are the positive crosscurrents: QT is ending today. QT ending will increase liquidity and help risk assets. Underperforming money managers will chase by aggressively buying the best performing stocks. In The Arora Report analysis, there is a 70% probability of a Fed rate cut. However, the consensus is about a 90% probability of a rate cut. Seasonality is positive. Going into December, volatility is coming down. Positioning is no longer stretched. Here are the potential negative crosscurrents: Inflation data is hotter than expected. If the Fed cuts rates, the Fed will be cutting rates in a 3% inflation environment at a time when liquidity is already high and the stock market is near its high. This has the potential to raise serious concerns about the Fed’s resolve to fight inflation. The Fed does not cut rates. The Fed is hawkish about future rate cuts. Yields in Japan are rising. If yields in Japan rise further, there is potential for the carry trade to blow up. President Trump has decided the next Fed chair. The announcement of a new Fed chair and speeches from the new Fed chair may be a double-edged sword. It has the potential to make the stock market soar. However, it also has the potential to cause the stock market to drop on concerns about the Fed losing independence. Cryptos and the stock market have become linked. Many investors who are heavily invested in cryptos are also heavily invested in AI stocks. Often, these investors are using significant leverage. Moves in cryptos will be reflected in the AI trade. ISM Manufacturing Index will be released at 10am ET and may be market moving. Expect blind money to flow into the stock market today and tomorrow. Blind money is the money that flows into the stock market on the first two days of the month without any analysis irrespective of market conditions. The momo crowd is aggressively buying the early morning dip in the stock market caused by rising yields in Japan. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. AI Trade Shift Alphabet (GOOG, GOOGL) stock has had a strong move on the release of Gemini 3 and excitement about Google’s tensor processing unit (TPU). Misconceptions are widespread. In The Arora Report analysis, here is what is likely to happen over the coming years: Expect large language models to go through cycles of leapfrogging each other. Google using custom TPUs in its own models and in its own environment is very different from Google becoming a dominant TPU vendor of chips sold to other companies running different models. At The Arora Report, we have been expressing for the last three years that custom ASICs will give serious competition to Nvidia (NVDA). The market is just now waking up to this fact. Venezuela President Trump has said that the air space around Venezuela should be considered closed. If the U. S. attacks Venezuela, expect the stock market to rally. Taiwan Risk Prudent investors need to note that 2027 is the 100th anniversary of the founding of the People’s Liberation Army in China. The concern is that to celebrate the 100th anniversary and for domestic political reasons, China may attack Taiwan. Such an attack will be very negative for stock markets across the globe if the U. S. comes to Taiwan’s aid. However, prudent investors should also be aware that speculation is building that in lieu of trade concessions from China, the U. S. may not help Taiwan. Taiwan is important because chip manufacturing is concentrated in Taiwan. If Taiwan Semiconductor Manufacturing's (TSM) operations are disrupted, that may be devastating to the AI trade but good for Intel (INTC). Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6815 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 218 points. Gold futures are at $4297, silver futures are at $58. 22, and oil futures are at $58. 99. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMD, AVGO, BTCUSD, CRWV, GOLD, GOOG, GOOGL, INTC, IREN, MARKETS, META, NBIS, NVDA, OIL, ORCL, QQQ, SILVER, SPY By Nigam Arora To gain an edge, this is what you need to know today. Bad News For Nvidia Please click here for a chart of Nvidia stock (NVDA). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point. In yesterday’s Morning Capsule, we wrote: On several benchmarks, the new version of Google's (GOOG, GOOGL) Gemini is beating the latest version of OpenAI's ChatGPT. This has two implications. Google might be able to keep its search dominance. This is a problem for Nvidia (NVDA) because Google is using its own chips. ChatGPT is using Nvidia's chips. If the cost of compute for everyone using Nvidia chips is higher than the cost of compute for Google, it is ultimately negative for Nvidia as either those using Nvidia chips will lose market share or Nvidia will have to lower its profit margins. The chart shows that yesterday after breaking below the low band of zone 1, NVDA rallied to the top band of zone 1 as investors shrugged off the news. After the market close, the news came that Google (GOOG, GOOGL) has struck a multi-billion dollar deal with Meta (META) to supply AI chips. The chart shows that NVDA stock has fallen below zone 1. In The Arora Report analysis, Google’s AI chip is cheaper and uses less power than Nvidia chips but lacks the power and flexibility of Nvidia’s chips. In certain applications, Google’s AI chip will be more competitive but in most applications, Nvidia chips will still be dominant. However, entry of Google into the chip space is bad news for Nvidia, Advanced Micro Devices (AMD), and Intel (INTC). This is good news for Broadcom (AVGO) because Broadcom is Google’s chip partner. This is also bad news for data center companies that have already purchased large amounts of Nvidia chips, such as Oracle (ORCL), CoreWeave (CRWV), IREN (IREN), and Nebius (NBIS). Producer Price Index (PPI) came mixed. Here are the details: Headline PPI came at 0. 3% vs. 0. 3% consensus. Core PPI came at 0. 1% vs. 0. 2% consensus. Prudent investors closely watch retail sales data as the U. S. economy is 70% consumer based. Retail sales came mixed. Here is the latest retail sales data. Headline retail sales came at 0. 2% vs. 0. 4% consensus. Retail sales ex-auto came at 0. 3% vs. 0. 3% consensus. ADP data shows that the private sector lost an average of 13,500 per week over the four weeks ending Nov. 8. San Francisco Fed President Mary Daly has thrown her support behind a rate cut. In The Arora Report analysis, the probability of a rate cut in December is now better than 65%. Adding to the sentiment on the positive side are two pieces of news: President Trump will visit China. Ukraine has agreed to core terms of a peace deal. Consumer confidence data will be released at 10am ET. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Holiday Schedule Happy Thanksgiving! Due to the holiday, our offices will be on a reduced schedule. The next Capsule will be on Monday. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Alphabet (GOOG) and Meta (META). In the early trade, money flows are negative in Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) in stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil Oil is falling on the news that Ukraine has agreed to core terms of a peace deal. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6719 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 27 points. Gold futures are at $4146, silver futures are at $51. 40, and oil futures are at $57. 76. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, CNC, GOLD, GOOG, GOOGL, HUM, LLY, MARKETS, NVDA, NVO, OIL, OSCR, QQQ, SILVER, SPX, SPY, UNH By Nigam Arora To gain an edge, this is what you need to know today. Problem For Nvidia Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The stock market approached the upper band of zone 1 (support) but has not dipped in zone 1. This is a positive. RSI on the chart shows the stock market is oversold. Oversold markets tend to bounce. As a heads up, the adaptive ZYX Asset Allocation Model with inputs in ten categories is close to giving a signal to deploy cash and reduce hedges. After New York Fed President John Williams’s comments on Friday, investors continue to buy stocks on hopes of a rate cut in December. Investors continue to ignore other FOMC members who do not support a rate cut. Positive seasonality is ahead. Historically, Thanksgiving week is a positive week. On several benchmarks, the new version of Google’s (GOOG, GOOGL) Gemini is beating the latest version of OpenAI’s ChatGPT. This has two implications. Google might be able to keep its search dominance. This is a problem for Nvidia (NVDA) because Google is using its own chips. ChatGPT is using Nvidia’s chips. If the cost of compute for everyone using Nvidia chips is higher than the cost of compute for Google, it is ultimately negative for Nvidia as either those using Nvidia chips will lose market share or Nvidia will have to lower its profit margins. The speculation is that President Trump will announce an extension of ObamaCare with some changes. Stocks of Centene (CNC) and Oscar Health (OSCR) are flying along with other health insurers like UnitedHealth (UNH) and Humana (HUM). In other important news, in a clinical trial Ozempic did not slow Alzheimer’s progression. This is hitting Novo Nordisk (NVO) stock and Eli Lilly (LLY) stock. September Producer Price Index (PPI) and September retail sales data are scheduled to be released tomorrow at 8:30am ET. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** stocks in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6665 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 154 points. Gold futures are at $4083, silver futures are at $50. 00, and oil futures are at $58. 06. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: APLD, BRK-B, BTCUSD, CRWV, DIA, DJIA, GDX, GLD, GOLD, GOOG, GOOGL, HD, IREN, IWM, LOW, MARKETS, NBIS, NVDA, OIL, OWL, QQQ, SILVER, SLV, SPX, SPY, TBF, TBT, TGT, TJX, USO, WMT By Nigam Arora & Dr. Natasha Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' STELLAR NVIDIA EARNINGS NO MATCH FOR CRYPTO MARGIN CALLS AND RISING YIELDS IN JAPAN HURTING THE CARRY TRADE Nov 21, 2025 To gain an edge, this is what you need to know today. Market Cross Currents Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows an outside day in QQQ yesterday. An outside day occurs when the high of the day is higher than the prior day’s high and the low of the day is lower than the prior day’s low. An outside day is a reversal pattern. The chart shows QQQ fell below the low band of zone 1. Zone 1 was previously a support zone and is now a resistance zone. RSI on the chart shows QQQ is oversold. The chart shows QQQ started out lower this morning but moved up as buying came in on New York Fed President John Williams’s comments. Williams sees room for a rate cut and does not believe that a rate cut will impact inflation. As per Fed rate futures, the probability of a rate cut in December jumped from 34% to 50% after Williams’s comment. Later on, Boston Fed President Collins said that she is reluctant to cut rates in December but is open to new data. Investors should note, the stock market moved up on Williams’s comments but ignored Collins’s comments. There were four catalysts behind yesterday becoming an outside day. The morning started out with aggressive buying due to stellar Nvidia (NVDA) earnings. It appears that many funds sold into the strength due to rising yields in Japan. The concern is the carry trade may blow up if yields in Japan rise further. As such prudent investors are taking protective steps. In the carry trade, funds have been borrowing in Japan and buying AI stocks in the U. S. We have been sharing with you the importance of the carry trade to the U. S. stock market. Bitcoin promoters had been putting up a ferocious fight for bitcoin to hold $90,000. When bitcoin fell below $90,000, it triggered margin calls. Many investors are using leverage of 10-20 times in crypto trading. Such high leverage is very painful when cryptos fall. Many investors who own cryptos also own NVDA and other AI stocks. Further, many trading algorithms are keyed to bitcoin. Such algorithms started selling when bitcoin dropped below $80,000. Bitcoin ETFs saw $800M of outflows yesterday. As a member of The Arora Report, you have been ahead of the curve regarding concerns about circular financing in AI and super aggressive depreciation schedules for AI chips. Yesterday, many investors started waking up to these concerns. University of Michigan consumer sentiment will be released today at 10am ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Meta (META) and Microsoft (MSFT). In the early trade, money flows are negative in Apple (AAPL). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** stocks in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6588 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 257 points. Gold futures are at $4077, silver futures are at $49. 50, and oil futures are at $58. 30. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. NVIDIA BLACKWELL SALES OFF THE CHART, CONSUMER SEEKING VALUE DRIVE WALMART EARNINGS Nov 20, 2025 To gain an edge, this is what you need to know today. Jobs Report Please click here for a chart of Nvidia stock (NVDA). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point. The chart shows NVDA stock bounced off the low band of zone 1 (support). The chart shows NVDA stock is gapping up on earnings. RSI on the chart shows the stock has room to run. Nvidia reported earnings better than consensus and whisper numbers. The strength of the demand for Nvidia chips is summed up in this quote from Nvidia CEO Jensen Huang: “Blackwell sales are off the charts, and cloud GPUs are sold out. We’ve entered the virtuous cycle of AI. ” In The Arora Report analysis, Nvidia earnings should calm the fears of the AI bubble, at least for now. Demand is clearly robust through 2026. However, there is still a prospect of a slow down in 2027 and 2028. Concerns still remain about circular financing. Investors should also be concerned about aggressive depreciation schedules used by data center companies such as CoreWeave (CRWV), Nebius (NBIS), and IREN (IREN). The top 20% of consumers continue to excessively spend. However, the bottom 50% are stretched. Value oriented consumers are increasingly drawn to Walmart (WMT). Walmart reported earnings better than the consensus and inline with whisper numbers. FOMC minutes show there is more support for not cutting interest rates in December than generally believed by investors prior to the release of the minutes. Most believe that further interest rate cuts add to the risk of higher inflation becoming entrenched. The jobs report was stronger than expected. Here are the details: Non-farm payrolls came at 119K vs. 50K consensus. Non-farm private payrolls came at 97K vs. 58K consensus. Unemployment rate came at 4. 4% vs. 4. 3% consensus. Average work week came at 34. 2 vs. 34. 3 consensus. Average hourly earnings came at 0. 2% vs. 0. 3% consensus. Initial jobless claims came at 220K vs. 228K prior. The foregoing data supports The Arora Report position that the data does not support a rate cut in December. However, there is intense political pressure from President Trump for the Fed to cut interest rates. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6763 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 456 points. Gold futures are at $4084, silver futures are at $50. 87, and oil futures are at $59. 64. TECH STOCKS NEAR CRITICAL LOW BAND OF SUPPORT ZONE AHEAD OF NVIDIA EARNINGS AND JOBS REPORT – MOMO BUYING Nov 19, 2025 To gain an edge, this is what you need to know today. Important Data Ahead Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows QQQ is near the bottom band of zone 1 (support). RSI on the chart shows QQQ is not yet oversold. It is critical for the stock market that QQQ does not experience a decisive break below the low band of zone 1. We shared with you yesterday, ... the momo crowd has a pattern of buying ahead of Nvidia earnings. As is their pattern, the momo crowd is aggressively buying stocks in the premarket ahead of Nvidia (NVDA) earnings. Nvidia earnings will be released today in the after market. Prudent investors will be paying attention to not only the data but also the stock market’s reaction. The entire stock market direction, not just the AI trade, depends upon Nvidia earnings. Nvidia’s CEO Jensen Huang is one of the best CEO’s of our time. He is very good at painting a rosy picture and getting investors excited. Expect Huang to do the same this time. Here is the question: Will the stock market believe him? The momo crowd will certainly buy. It will come down to non-momo crowd investors. Lowe’s (LOW) reported earnings better than expected, in contrast with Home Depot (HD), which reported earnings worse than expected. This is a relief and shows that the consumer may not be as weak as Home Depot earnings indicated. Target (TGT) beat earnings expectations, reported revenues inline, and reaffirmed guidance for FY26. On the earnings conference call, Target said the consumer is cautious and prioritizing value. Off-price retailer TJX (TJX) continues to benefit from the weakening consumer. As consumers weaken, they tend to shop more at off-price retailers. TJX is reporting earnings better than consensus. Additional data on the consumer will come from Walmart (WMT) earnings tomorrow in the premarket. FOMC minutes will be released today at 2pm ET. The delayed September jobs report is scheduled to be released tomorrow morning and may be market moving. Normally, the jobs report is very important. However, the impact of this report is uncertain because of its delay. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Japan We previously shared with you Japanese Prime Minister Takaichi has been planning stimulus. Now, it appears the stimulus will be 20T yen. In The Arora Report analysis, such a large stimulus is a concern as it may cause a further selloff in Japanese yen. This may help those who are borrowing in yen for the carry trade. These days, in the carry trade, funds are borrowed in Japan and invested in U. S. AI stocks. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Meta (META). In the early trade, money flows are negative in Apple (AAPL) and Microsoft (MSFT). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Buying in silver in the early trade is extremely aggressive. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a build of 4. 4M barrels vs. a previous build of 1. 3M barrels. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6656 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 80 points. Gold futures are at $4117, silver futures are at $51. 81, and oil futures are at $59. 13. NVIDIA EARNINGS WILL DETERMINE MARKET DIRECTION, HOME DEPOT SHOWS CONSUMER WEAKNESS, CHINA JAPAN FLARE UP Nov 18, 2025 To gain an edge, this is what you need to know today. Key Earnings Data Please click here for a chart of Nvidia stock (NVDA). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point. The chart shows NVDA stock has given up recent gains. The chart shows NVDA stock is at the top band of zone 1 (support). RSI on the chart shows NVDA stock is not yet oversold. Nvidia earnings will be reported tomorrow in the after market. As a member of The Arora Report, you have been ahead of the curve regarding AI related issues that are causing the current sell off in the stock market. Here is the summary: Overbuilding of AI data centers Debt financing of AI data center build Circular financing involving Nvidia Chip depreciation issues If earnings from Nvidia can alleviate these concerns, expect a very sharp rally in the stock market. On the other hand, if Nvidia earnings heighten these concerns, expect a sharp drop in the stock market. This underscores the importance of the Arora Protection Band. The Arora Protection Band strikes the optimum balance based on probabilities of different scenarios. Start with Arora’s Second Law of Investing and Trading, which states, "Nobody knows with certainty what is going to happen next in the markets. ” Follow with Arora’s Third Law of Investing and Trading, which states, “Making investing and trading decisions based on probabilities is the only realistic and profitable approach. ” Home Depot (HD) earnings show the consumer is weakening. Here are the details: For FY26, Home Depot sees earnings per share down 5% year-over-year to $14. 48 vs. $14. 98 consensus. Q3 earnings came at $3. 74 per share vs. $3. 84 consensus. FY25 sales growth came at 3% vs. 2. 8% prior. Revenue came at $41. 35B vs. $41. 15B consensus. Customer transactions decreased 1. 4%. Shopper spend on an average receipt increased to $90. 39 year-over-year vs. $88. 65 prior. Additional data on the consumer will come from Lowe’s (LOW) and Target (TGT) earnings in the premarket tomorrow and Walmart (WMT) earnings in the premarket on Thursday. Initial jobless claims for the week ending on Oct. 18 came at 232K vs. 219K prior. The data from ADP for the four weeks ending November 1, 2025 shows job loss of 2500 jobs per week. Concerns about private credit are heightened after Blue Owl Capital (OWL) made a restrictive move. Blue Owl is financing AI data centers. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. China And Japan China is sending ships to disputed islands with Japan. China is also warning its citizens against traveling to Japan. Prudent investors should keep a close eye – a flare up between China and Japan can drag the stock market significantly lower. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL) and Alphabet (GOOG). In the early trade, money flows are negative in Amazon (AMZN), Meta (META), Nvidia (NVDA), Microsoft (MSFT), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. If such buying is very aggressive, the indicator will turn positive. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) continues to see selling. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6661 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 349 points. Gold futures are at $4067, silver futures are at $50. 17, and oil futures are at $59. 93. MINDLESS DIP BUYERS SAVE THE STOCK MARKET – HINDENBURG OMEN APPEARS Nov 17, 2025 To gain an edge, this is what you need to know today. Dip Buyers Save The Market Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows QQQ was weakening going into Friday morning. The chart shows mindless dip buying saved the stock market. The chart shows that the morning today started with buying in QQQ, but as the morning has progressed, sellers have become dominant. The VUD indicator is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand. The VUD indicator is mixed in the early market today. The stock market was weakening for three reasons: Four Fed presidents had come out against a December rate cut, defying intense political pressure to cut rates. When four Fed presidents came out against a rate cut, investors had to pay attention to the data. The data does not support a rate cut. In The Arora Report analysis, based on the existing data so far, a rate cut in December will be a wrong thing for the Fed to do. However, if the Fed does the wrong thing, it will drive stocks, bitcoin, and gold higher in the short term. The stock market was counting on the Fed doing the wrong thing. Concerns have been mounting around large debt financing of AI data centers. A bond offering from data center company Applied Digital (APLD) became a poster child of the troubles when APLD was forced to pay 10% interest. This is a very important subject for prudent investors. For those who want next level knowledge, a podcast that tackles this subject will be available soon in Arora Ambassador Club. Market internals have been weakening. Did anything change in any of the three foregoing reasons that brought in very aggressive buying? The answer is nothing has changed. All three concerns are still there. The buying came from mindless dip buyers. The limited extent of the analysis of mindless dip buyers results in aggressively buying stocks on any dip. Among technically oriented investors, concern has arisen from the Hindenburg omen. This is a warning signal that has fired five times recently. Here are the two important points for the Hindenburg omen that prudent investors need to know: The Hindenburg omen has given a signal at every major top over the last 25 years. The Hindenburg omen has also given a large number of false warning signals. Another concern is that many technically oriented investors believe small caps, represented by Russell 2000 ETF IWM, are showing a head and shoulders pattern. This is a bearish pattern. Prudent investors should note that the pattern is not well formed, and, as such, is suspect. On the positive side, Warren Buffett’s Berkshire Hathaway (BRK. B) bought $4. 9B worth of Alphabet (GOOG, GOOGL) stock. Now that the government is open, a deluge of economic data is ahead. Several important earnings are ahead, including Home Depot (HD), Lowe’s (LOW), Target (TGT), Nvidia (NVDA), and Walmart (WMT). As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN) and Alphabet (GOOG). In the early trade, money flows are negative in Apple (AAPL), Meta (META), Nvidia (NVDA), Microsoft (MSFT), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. Wall Street machines will jump on whichever direction the stock market starts going and exaggerate the move. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) promoters have been out in full force urging their followers to buy the dip in bitcoin. Retail investors continue to buy bitcoin aggressively. Prudent investors should note that every rally attempt over the weekend and this morning failed, in spite of low liquidity. This is different from the recent pattern where low liquidity allowed bitcoin promoters to push bitcoin higher. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6739 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 99 points. Gold futures are at $4067, silver futures are at $50. 43, and oil futures are at $60. 31. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. Dr. Natasha Arora Dr. Natasha Arora has significant expertise in investment analysis especially biotech, healthcare, and technology. Natasha is a graduate of Harvard Medical School followed by a postdoc at MIT. She has published several peer reviewed research papers in top science journals. --- - Categories: 0 By Nigam Arora To gain an edge, this is what you need to know today. Market Cross Currents Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows an outside day in QQQ yesterday. An outside day occurs when the high of the day is higher than the prior day’s high and the low of the day is lower than the prior day’s low. An outside day is a reversal pattern. The chart shows QQQ fell below the low band of zone 1. Zone 1 was previously a support zone and is now a resistance zone. RSI on the chart shows QQQ is oversold. The chart shows QQQ started out lower this morning but moved up as buying came in on New York Fed President John Williams’s comments. Williams sees room for a rate cut and does not believe that a rate cut will impact inflation. As per Fed rate futures, the probability of a rate cut in December jumped from 34% to 50% after Williams’s comment. Later on, Boston Fed President Collins said that she is reluctant to cut rates in December but is open to new data. Investors should note, the stock market moved up on Williams’s comments but ignored Collins’s comments. There were four catalysts behind yesterday becoming an outside day. The morning started out with aggressive buying due to stellar Nvidia (NVDA) earnings. It appears that many funds sold into the strength due to rising yields in Japan. The concern is the carry trade may blow up if yields in Japan rise further. As such prudent investors are taking protective steps. In the carry trade, funds have been borrowing in Japan and buying AI stocks in the U. S. We have been sharing with you the importance of the carry trade to the U. S. stock market. Bitcoin promoters had been putting up a ferocious fight for bitcoin to hold $90,000. When bitcoin fell below $90,000, it triggered margin calls. Many investors are using leverage of 10-20 times in crypto trading. Such high leverage is very painful when cryptos fall. Many investors who own cryptos also own NVDA and other AI stocks. Further, many trading algorithms are keyed to bitcoin. Such algorithms started selling when bitcoin dropped below $80,000. Bitcoin ETFs saw $800M of outflows yesterday. As a member of The Arora Report, you have been ahead of the curve regarding concerns about circular financing in AI and super aggressive depreciation schedules for AI chips. Yesterday, many investors started waking up to these concerns. University of Michigan consumer sentiment will be released today at 10am ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Meta (META) and Microsoft (MSFT). In the early trade, money flows are negative in Apple (AAPL). In the early trade, money flows are mixed in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** stocks in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6588 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 257 points. Gold futures are at $4077, silver futures are at $49. 50, and oil futures are at $58. 30. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, CRWV, GOLD, IREN, MARKETS, NBIS, NVDA, OIL, QQQ, SILVER, SPY, WMT By Nigam Arora To gain an edge, this is what you need to know today. Jobs Report Please click here for a chart of Nvidia stock (NVDA). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point. The chart shows NVDA stock bounced off the low band of zone 1 (support). The chart shows NVDA stock is gapping up on earnings. RSI on the chart shows the stock has room to run. Nvidia reported earnings better than consensus and whisper numbers. The strength of the demand for Nvidia chips is summed up in this quote from Nvidia CEO Jensen Huang: “Blackwell sales are off the charts, and cloud GPUs are sold out. We’ve entered the virtuous cycle of AI. ” In The Arora Report analysis, Nvidia earnings should calm the fears of the AI bubble, at least for now. Demand is clearly robust through 2026. However, there is still a prospect of a slow down in 2027 and 2028. Concerns still remain about circular financing. Investors should also be concerned about aggressive depreciation schedules used by data center companies such as CoreWeave (CRWV), Nebius (NBIS), and IREN (IREN). The top 20% of consumers continue to excessively spend. However, the bottom 50% are stretched. Value oriented consumers are increasingly drawn to Walmart (WMT). Walmart reported earnings better than the consensus and inline with whisper numbers. FOMC minutes show there is more support for not cutting interest rates in December than generally believed by investors prior to the release of the minutes. Most believe that further interest rate cuts add to the risk of higher inflation becoming entrenched. The jobs report was stronger than expected. Here are the details: Non-farm payrolls came at 119K vs. 50K consensus. Non-farm private payrolls came at 97K vs. 58K consensus. Unemployment rate came at 4. 4% vs. 4. 3% consensus. Average work week came at 34. 2 vs. 34. 3 consensus. Average hourly earnings came at 0. 2% vs. 0. 3% consensus. Initial jobless claims came at 220K vs. 228K prior. The foregoing data supports The Arora Report's position that the data does not support a rate cut in December. However, there is intense political pressure from President Trump for the Fed to cut interest rates. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6763 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 456 points. Gold futures are at $4084, silver futures are at $50. 87, and oil futures are at $59. 64. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AAPL, AMAT, AMZN, BAC, BSX, EA, EOG, JPM, KKR, LLY, LOW, MDB, META, MSFT, NVDA, PLTR, PWR, WMT By Nigam Arora The Arora Report released new buy zones for 39 widely followed stocks. These powerful zones identify optimal entry points based on deep technical, fundamental, and macroeconomic analysis. Market pullbacks create opportunities. Investors who are prepared and who use buy zones maximize risk adjusted returns. Opportunities For Tactical Positions The stock market has pulled back from all time highs. The pullback is creating opportunities for tactical positions. The year end chase could start driving the stock market. Those who follow buy zones for great entry prices could be sitting on very nice returns come next year. Building Wealth With Strategic Precision Over the past 18 years, investors who have acted on Arora buy zones have consistently outperformed the broader market, often by a wide margin. This is not a coincidence. It is the result of the time tested ZYX Change Method. For investors seeking not just returns, but a smarter way to build long term wealth, the track record speaks volumes. The Power Of The Model Portfolio The buy zones are integrated into The Arora Report’s Core Model Portfolio – a structured portfolio built on 50 distinct strategies designed to deliver true diversification. The Model Portfolio gives more than a list of stocks to buy, it also includes how much to buy and when to act, with clearly defined target zones and position sizes. The result is a balanced, resilient portfolio, engineered to perform across market cycles, not just in moments of strength. Proven Precision Over Time Subscribers often remark on the exceptional consistency of The Arora Report’s buy zones. Stocks and ETFs enter the zone, trigger disciplined buying, and often rebound shortly after. Here are some examples of the gains possible when using Arora buy zones: 5457% gain on AAPL 1398% gain on META 1476% gain on MSFT 1248% gain on AMAT 447% gain on WMT 782% gain on JPM 1048% gain on PWR 271% gain on EOG 221% gain on BSX 1329% gain on NVDA 541% gain on BAC 712% gain on EA 986% gain on KKR 1091% gain on LLY 250% gain on LOW 1441% gain on MDB 695% gain on PLTR Undeniable Fact Markets fluctuate — sometimes dramatically. Remember, Amazon (AMZN) once lost 95% of its value. You do not want to buy at unsustainable valuations unsupported by fundamentals or even after a small pullback in such stocks. Buy zones help you avoid these traps. Consistency Over Chasing In investing, success is not about catching every opportunity. It is about patience, precision, and consistency. Over time, a steady flow of high quality opportunities will enter buy zones, allowing investors to build a robust, diversified portfolio without unnecessary risk. Members who have followed The Arora Report’s buy zones over the past 10 to 15 years have not only outperformed the markets, they have done so with significantly lower risk than the broader market. The results speak for themselves – disciplined strategy wins over time. Now It Is Your Turn Join your fellow investors in building a fortune. Use the buy zones. Be patient for fills to build lasting wealth with the power of intelligent investing. 30-Day Free Trial We are so confident that The Arora Report will help you generate up to $5,000,000 more in lifetime wealth compared to any other resource that we are offering a completely free 30 day trial. Your trial includes full access to over a decade of date stamped archives, so you can verify for yourself how well you would have done had you been a member earlier. We are confident you will conclude that with the help of The Arora Report, your performance would have been many, many times better than the major indexes. If for any reason you do not like The Arora Report, cancellation is easy. Simply send us an email. Your credit card is not charged during the first 30 days. Please click on the link below to take your free 30 day trial. Start Your Free Trial Now Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, GOLD, HD, LOW, MARKETS, NVDA, OIL, OWL, QQQ, SILVER, SPY, TGT, WMT By Nigam Arora To gain an edge, this is what you need to know today. Key Earnings Data Please click here for a chart of Nvidia stock (NVDA). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point. The chart shows NVDA stock has given up recent gains. The chart shows NVDA stock is at the top band of zone 1 (support). RSI on the chart shows NVDA stock is not yet oversold. Nvidia earnings will be reported tomorrow in the after market. As a member of The Arora Report, you have been ahead of the curve regarding AI related issues that are causing the current sell off in the stock market. Here is the summary: Overbuilding of AI data centers Debt financing of AI data center build Circular financing involving Nvidia Chip depreciation issues If earnings from Nvidia can alleviate these concerns, expect a very sharp rally in the stock market. On the other hand, if Nvidia earnings heighten these concerns, expect a sharp drop in the stock market. This underscores the importance of the Arora Protection Band. The Arora Protection Band strikes the optimum balance based on probabilities of different scenarios. Start with Arora’s Second Law of Investing and Trading, which states, "Nobody knows with certainty what is going to happen next in the markets. ” Follow with Arora’s Third Law of Investing and Trading, which states, “Making investing and trading decisions based on probabilities is the only realistic and profitable approach. ” Home Depot (HD) earnings show the consumer is weakening. Here are the details: For FY26, Home Depot sees earnings per share down 5% year-over-year to $14. 48 vs. $14. 98 consensus. Q3 earnings came at $3. 74 per share vs. $3. 84 consensus. FY25 sales growth came at 3% vs. 2. 8% prior. Revenue came at $41. 35B vs. $41. 15B consensus. Customer transactions decreased 1. 4%. Shopper spend on an average receipt increased to $90. 39 year-over-year vs. $88. 65 prior. Additional data on the consumer will come from Lowe’s (LOW) and Target (TGT) earnings in the premarket tomorrow and Walmart (WMT) earnings in the premarket on Thursday. Initial jobless claims for the week ending on Oct. 18 came at 232K vs. 219K prior. The data from ADP for the four weeks ending November 1, 2025 shows job loss of 2500 jobs per week. Concerns about private credit are heightened after Blue Owl Capital (OWL) made a restrictive move. Blue Owl is financing AI data centers. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. China And Japan China is sending ships to disputed islands with Japan. China is also warning its citizens against traveling to Japan. Prudent investors should keep a close eye – a flare up between China and Japan can drag the stock market significantly lower. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL) and Alphabet (GOOG). In the early trade, money flows are negative in Amazon (AMZN), Meta (META), Nvidia (NVDA), Microsoft (MSFT), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. If such buying is very aggressive, the indicator will turn positive. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) continues to see selling. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6661 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 349 points. Gold futures are at $4067, silver futures are at $50. 17, and oil futures are at $59. 93. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: APLD, BRK-B, BTCUSD, GOLD, GOOG, GOOGL, HD, IWM, LOW, MARKETS, NVDA, OIL, QQQ, SILVER, SPY, TGT, WMT By Nigam Arora To gain an edge, this is what you need to know today. Dip Buyers Save The Market Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows QQQ was weakening going into Friday morning. The chart shows mindless dip buying saved the stock market. The chart shows that the morning today started with buying in QQQ, but as the morning has progressed, sellers have become dominant. The VUD indicator is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand. The VUD indicator is mixed in the early market today. The stock market was weakening for three reasons: Four Fed presidents had come out against a December rate cut, defying intense political pressure to cut rates. When four Fed presidents came out against a rate cut, investors had to pay attention to the data. The data does not support a rate cut. In The Arora Report analysis, based on the existing data so far, a rate cut in December will be a wrong thing for the Fed to do. However, if the Fed does the wrong thing, it will drive stocks, bitcoin, and gold higher in the short term. The stock market was counting on the Fed doing the wrong thing. Concerns have been mounting around large debt financing of AI data centers. A bond offering from data center company Applied Digital (APLD) became a poster child of the troubles when APLD was forced to pay 10% interest. This is a very important subject for prudent investors. For those who want next level knowledge, a podcast that tackles this subject will be available soon in Arora Ambassador Club. Market internals have been weakening. Did anything change in any of the three foregoing reasons that brought in very aggressive buying? The answer is nothing has changed. All three concerns are still there. The buying came from mindless dip buyers. The limited extent of the analysis of mindless dip buyers results in aggressively buying stocks on any dip. Among technically oriented investors, concern has arisen from the Hindenburg omen. This is a warning signal that has fired five times recently. Here are the two important points for the Hindenburg omen that prudent investors need to know: The Hindenburg omen has given a signal at every major top over the last 25 years. The Hindenburg omen has also given a large number of false warning signals. Another concern is that many technically oriented investors believe small caps, represented by Russell 2000 ETF IWM, are showing a head and shoulders pattern. This is a bearish pattern. Prudent investors should note that the pattern is not well formed, and, as such, is suspect. On the positive side, Warren Buffett’s Berkshire Hathaway (BRK. B) bought $4. 9B worth of Alphabet (GOOG, GOOGL) stock. Now that the government is open, a deluge of economic data is ahead. Several important earnings are ahead, including Home Depot (HD), Lowe’s (LOW), Target (TGT), Nvidia (NVDA), and Walmart (WMT). As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN) and Alphabet (GOOG). In the early trade, money flows are negative in Apple (AAPL), Meta (META), Nvidia (NVDA), Microsoft (MSFT), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. Wall Street machines will jump on whichever direction the stock market starts going and exaggerate the move. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) promoters have been out in full force urging their followers to buy the dip in bitcoin. Retail investors continue to buy bitcoin aggressively. Prudent investors should note that every rally attempt over the weekend and this morning failed, in spite of low liquidity. This is different from the recent pattern where low liquidity allowed bitcoin promoters to push bitcoin higher. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6739 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 99 points. Gold futures are at $4067, silver futures are at $50. 43, and oil futures are at $60. 31. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMD, ASTS, BTCUSD, CRWV, DIA, DJIA, GDX, GLD, GOLD, HOOD, IREN, MARKETS, NVDA, OIL, OKLO, QQQ, RGTI, SFTBY, SILVER, SLV, SPX, SPY, TBF, TBT, TMUS, TSM, USO, XBI, XLV By Nigam Arora & Dr. Natasha Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' TECH STOCKS TUMBLE ON FEAR FED MAY NOT DO THE WRONG THING, $870M BITCOIN ETFS OUTFLOWS Nov 14, 2025 To gain an edge, this is what you need to know today. Fed Fears Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows QQQ has dipped into zone 1 (support). The chart shows QQQ is making a lower low than the prior low. The chart shows that QQQ has very quickly given up the gains from the government opening euphoria. RSI on the chart shows QQQ is oversold. Oversold markets tend to bounce. A pullback to the low band of zone 1 (support) and even a slight break is a normal part of the course. What is unusual is that based on historical precedent such a move typically happens in September and October, but instead this year is happening in November. Assuming the upcoming data is as expected, expect money managers to start buying in year end chase. However, if the data is worse than expected and there is more evidence that the Fed will not do the wrong thing, the risk to the stock market will rise. It will be important to watch the data as it comes and also pay attention to Fed speak. We have been repeatedly sharing with you that, in addition to AI, the other big reason for the stock market rise has been liquidity and loose financial conditions. The consensus has been that liquidity will increase and financial conditions will become even looser in December. A part of the equation has been a strong belief that the Fed would cut interest rates in December even if the data does not justify it. As a member of The Arora Report, you were ahead of the curve. Yesterday morning before the stock market open, we shared with you: Prudent investors should pay attention that at this time, four Fed presidents, Goolsbee, Musalem, Collins, and Schmid, are not calling for a rate cut in December. Yesterday, the stock market fell and is also seeing selling in the early trade today on the fear that the Fed may not do the wrong thing. The wrong thing to do is to cut interest rates even when the data does not justify it. The stock market is troubled that in spite of intense political pressure, four Fed presidents have the gumption to stand up for the right thing. In The Arora Report analysis, there is a better than 50% probability of a rate cut in December. Investors should not get carried away against or in favor of a rate cut, and instead investors should focus on the data. Due to the government shutdown, we have not been getting the data. Now that the government is open, a deluge of data is ahead. A near term determinant of the stock market direction will be Nvidia (NVDA) earnings and the market reaction, which are scheduled to be reported on November 19. Producer Price Index (PPI) and retail sales were not released this morning due to the government shutdown. Especially hard hit are momo accounts that were aggressively buying call options on cryptos and highly speculative stocks. Many of these accounts are now totally blown. Even those momo accounts that were buying the momo crowds favorite stocks such as Oklo (OKLO), AST SpaceMobile (ASTS), IREN (IREN), Robinhood (HOOD), and CoreWeave (CRWV) on margin have experienced margin calls leading to forced selling. This is causing inordinate pain among the momo crowd. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Gold and silver are being sold on concerns that the Fed may not do the wrong thing. Gold and silver benefit when the Fed does the wrong thing. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin We previously shared with you when bitcoin (BTC. USD) was much higher that bitcoin whales were selling. Two big drivers of bitcoin are liquidity and loose financial conditions. Yesterday, bitcoin ETFs saw an outflow of $870M on concerns that the Fed may not do the wrong thing. This was the second biggest one day outflow in bitcoin ETFs. As of this writing, bitcoin is trading around $95K. Bitcoin promoters are out in force, trying to convince retail investors to double down on bitcoin. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6693 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 305 points. Gold futures are at $4051, silver futures are at $50. 50, and oil futures are at $59. 84. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. MONEY MOVING INTO HEALTHCARE NOT AI, FOUR FED PRESIDENTS DO NOT WANT A RATE CUT, EUPHORIA WEARING OFF Nov 13, 2025 To gain an edge, this is what you need to know today. Rotating To Healthcare Please click here for a chart comparing Nasdaq 100 ETF (QQQ), S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX), Nvidia stock (NVDA), healthcare ETF (XLV), and biotech ETF (XBI). Note the following: The chart shows healthcare ETF XLV and biotech ETF XBI have outperformed SPY so far this month by 5. 8% and 3. 88%, respectively. The chart shows in November so far QQQ is underperforming compared to SPY. The chart shows NVDA stock is underperforming SPY by 6. 31% in November. The chart illustrates why it is important to have a properly structured portfolio. XLV and XBI are in the ZYX Allocation Model Portfolio. As the end of 2025 approaches, money is moving into healthcare and biotech, not AI. The momo crowd is still aggressively buying AI stocks, but non-momo investors are concerned that AI stocks are overbought and are diversifying into other sectors. However, investors need to be aware that analysts have been upgrading their earnings expectations for this quarter for tech stocks more than other stocks – 8. 7% for tech stocks and 1. 9% for non-tech stocks. In The Arora Report analysis, as the year end gets closer, in the absence of any news or data that is negative for AI, expect money managers to buy AI stocks for window dressing purposes. We previously wrote: Here are the main questions for the Fed as it balances inflation and the risks to the labor market: Are price increases from tariffs a one time event or will they sustain? Is weak hiring an indication of reduced supply or slowed demand? Are rates restrictive? Prudent investors should pay attention that at this time, four Fed presidents, Goolsbee, Musalem, Collins, and Schmid, are not calling for a rate cut in December. In The Arora Report analysis, there is still better than 50% probability of a rate cut in December, not because the data supports it but because of intense political pressure. Of course, a deluge of data is ahead. The momo crowd has been euphoric about the government reopening. We previously wrote: Here is a noteworthy market behavior that is typical of bull markets. The stock market did not see selling when the government was initially shut down. The stock market is seeing aggressive buying on the prospect of the government opening. In a bull market, it is typical for negative news to be ignored and positive news to be bought. As a member of The Arora Report, you were ahead of the curve. This morning as the government opens, it is occurring to investors that the stock market did not sell off on the government shutdown and they are wondering why there is euphoria on reopening. The result is many investors are selling into the euphoria. Consumer Price Index (CPI) and initial jobless claims will not be released today due to the government shutdown. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are neutral in Meta (META), Microsoft (MSFT), and Apple (AAPL). In the early trade, money flows are negative in Amazon (AMZN), Alphabet (GOOG), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a build of 1. 3M barrels vs. a consensus of a build of 1. 7M barrels. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) has been seeing selling pressure but is range bound as of this writing. Investors are closely watching the psychological support level of $100K. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6856 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 97 points. Gold futures are at $4232, silver futures are at $53. 39, and oil futures are at $59. 17. AMD WANTS TO TAKE AI SHARE AWAY FROM NVIDIA, BUYING ON GOVERNMENT OPEN CONTINUES, FED DIVIDED Nov 12, 2025 To gain an edge, this is what you need to know today. AI Share Please click here for a chart of Advanced Micro Devices stock (AMD). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of AMD stock is being used to illustrate the point. The chart shows AMD stock trading in a wide range yesterday as the company conducted its investor day. The chart shows AMD moving up this morning. The price action in AMD is a learning moment for investors. It is not how good the investor day is. It is how what is said compares to expectations. The reason for high volatility was that investor expectations were very high that AMD would give more bullish numbers than what were already discounted in the stock. It turned out that, with the exception of total addressable market, the numbers AMD provided were already discounted in the stock. RSI on the chart shows that if upward momentum takes hold, the stock has room to run. Here are the key points from AMD’s investor day: AMD is planning to take AI market share away from Nvidia (NVDA). In The Arora Report analysis, AMD has a shot at capturing 10+% market share in AI. AMD is projecting 35% compounded annual growth rate over the next three to five years. AMD is targeting $20 in earnings per share by 2030. AMD has increased its total addressable market to over $1T. In The Arora Report analysis, in the longer term, one of the key factors will be if OpenAI fully ramps to six gigawatt potential with AMD. The other key factor will be how many gigawatt-scale customers AMD attracts. Yesterday, NVDA stock was sold. This morning NVDA stock is seeing buying after a key supplier Foxconn said that it expects strong AI demand through next year and reported 17% earnings increase year-over-year. The Fed is divided over a possible interest rate cut in December. Here are the main questions for the Fed as it balances inflation and the risks to the labor market: Are price increases from tariffs a one time event or will they sustain? Is weak hiring an indication of reduced supply or slowed demand? Are rates restrictive? After the government opens, economic data will start to trickle in and may become a big driver of the markets. This morning, there is buying in the stock market as euphoria about the government reopening continues. Prudent investors need to be aware of a new development that may become a trend. During the pandemic, wages of hourly employees rapidly rose. Lately, wages have been stagnant, but now, wages may start coming down. This is not a good development for the low end consumers and in turn, for the companies that sell to low end consumers. Walgreens has announced it will decrease wages for hourly workers and no longer provide paid holidays and vacations. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. India India's Consumer Price Index (CPI) came at 0. 25% year-over-year vs. 0. 48% consensus. In The Arora Report analysis, this data increases the probability of a rate cut by the Reserve Bank of India. If on top of this India strikes a good trade deal with the U. S. , stocks in India could rip. There will be a new signal on India ETF EPI in ZYX Allocation and ZYX Emerging. When appropriate, there may also be new signals on India ETFs SMIN and GLIN in ZYX Emerging. There may also be a signal on India focused fund FFXDF in ZYX Buy. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The discount on Russian oil has widened to about $20 per barrel due to India reducing buying of Russian oil. The $20 discount is the highest this year. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6896 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 124 points. Gold futures are at $4131, silver futures are at $51. 57, and oil futures are at $60. 11. POSTER CHILD OF AI DATA CENTER TRADE STUMBLES, SOFTBANK SELLS NVIDIA Nov 11, 2025 To gain an edge, this is what you need to know today. The Wide Spread AI Investing Myth Please click here for a chart of CoreWeave stock (CRWV). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of CRWV stock is being used to illustrate the point. CoreWeave is the poster child of the AI data center trade among the momo crowd. CoreWeave is one of the most important AI stocks for investors. The chart shows the gap down on earnings. The chart shows CRWV stock has fallen below the psychologically important level of $100 as of this writing in the premarket. The chart shows CRWV stock fell to the top of zone 1 (support). For the AI trade, it is critical that this zone holds. CoreWeave is a recent IPO. CRWV IPO was priced at $40. The chart shows initially CRWV stock fell as low as $33. 51, below the IPO price. There were several reasons for the stock to fall: Investors felt CRWV stock was over hyped. Investors were concerned about very high debt levels. Investors were convinced of the high demand for AI data centers but were concerned about supply chain issues and power issues that might get in the way of rapid data center development. CoreWeave buys Nvidia (NVDA) GPUs, sets up the data centers, and rents out the capacity. The concern has been the longevity of the demand relative to supply when current contracts expire. Nvidia has a very rapid cycle of introducing new products. The concern has been that the servers in the data centers can rapidly become obsolete. There have been serious concerns that CorWeave may be depreciating AI chips slower than they should. Data centers are historically a low margin business once demand stabilizes. After the initial drop, CRWV stock caught the attention of the momo crowd. The chart shows the momo crowd ran CRWV stock all the way to $187. Along the way, short sellers who saw the valuation as absurd initially lost money in a short squeeze. However, short sellers who stuck with the trade made out like bandits. Here are the key points from CoreWeave earnings: Adjusted EPS came at $0. 22 vs. $0. 40 consensus. Revenue came at $1. 36B vs. $1. 29B. Revenue projections came at $5. 05B - $5. 15B vs. $5. 287B consensus. Data center development by a third party developer is behind schedule. The reason is difficulties in the supply chain, especially with transformers. AI demand far exceeds capacity. There is a widespread belief, especially among the momo crowd, that all one has to do to make money in AI is to buy AI stocks that are pumped in the media. This is irrespective of the price and without deep analysis. The momo crowd’s plan is to hold these stocks because they think AI stocks are going to the moon. The chart shows that this widespread belief about investing in AI is a myth. In The Arora Report analysis, all prior massive capex cycles after the invention of something new have ultimately led to a bust, which subsequently led to large losses for investors. This happened after the invention of electricity, railroads, automobiles, and the internet. The probability is low that the massive AI capex will end differently, especially for AI trades popular among the momo crowd. Japan’s SoftBank (SFTBY) has sold all of its shares of NVDA and also some shares of T-Mobile (TMUS). Both NVDA and TMUS are in the ZYX Buy Core Model Portfolio. NVDA is long from $12. 55, representing a gain of 1458%, and TMUS is long from $12. 54, representing a gain of 1548% as of this writing in the premarket. In The Arora Report analysis, SoftBank selling NVDA and TMUS stock is not as concerning as it sounds on the surface. The reason is SoftBank is investing $30B in ChatGPT maker OpenAI. SoftBank needs money for this investment. In the pre-government reopening euphoria among investors, four things are throwing a monkey wrench this morning: SoftBank selling NVDA shares CoreWeave earnings Quantum computing company Rigetti (RGTI) earnings. Rigetti reported Q3 revenue of $1. 9M vs. $2. 17M consensus and much higher whisper numbers. Rigetti’s market cap is $10. 7B. ADP data shows there was an average of 11,250 job losses per week for the four weeks ending October 25, 2025. Expectations in the market had been for a gain. Of note, Advanced Micro Devices (AMD) will be outlining its AI business plan to financial analysts today. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. India On the positive side, President Trump is saying he is close to a trade deal with India. On the negative side, explosions rocked both India and Pakistan. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are neutral in Apple (AAPL). In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6840 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 27 points. Gold futures are at $4146, silver futures are at $51. 01, and oil futures are at $60. 80. AGGRESSIVE STOCK BUYING ON OPTIMISM OF THE GOVERNMENT OPENING DESPITE SLOWING TSM SALES, GOLD SURGES Nov 10, 2025 To gain an edge, this is what you need to know today. Aggressive Stock Buying Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market was falling rapidly when The Arora Report wrote the FAA was cutting flights and this would put pressure on both sides to reach an agreement and reopen the government. The chart shows the Arora call that stocks can rip higher on the prospect of the government reopening. This call was made when stocks were being aggressively sold, as shown on the chart. Only a few hours later, the chart shows the stock market turned on rumors that the government would reopen. The chart shows the stock market took another leg up on a media report that the government would reopen. The chart shows aggressive buying in the stock market in the early trade today on optimism that the government will reopen soon. The VUD indicator is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand. The VUD indicator has turned orange, indicating net supply of stocks. This shows that underneath the euphoric buying there is a net supply of stocks. As is often the case, The Arora Report members were ahead of the curve. Here is a noteworthy market behavior that is typical of bull markets. The stock market did not see selling when the government was initially shut down. The stock market is seeing aggressive buying on the prospect of the government opening. In a bull market, it is typical for negative news to be ignored and positive news to be bought. Sales data from Taiwan Semiconductor (TSM) is important. TSM manufactures Nvidia (NVDA) and Advanced Micro Devices (AMD) chips. The momentum of revenue increases is slowing at TSM. This should concern prudent investors about the AI trade. However, in the euphoria of the government potentially reopening, no one is paying attention this morning. Here are the details: October revenue increased 11% month-over-month and 16. 9% year-over-year to roughly $11. 9B. This is the slowest increase since early 2024. TSM raised its revenue growth forecast. TSM is maintaining its forecast for capital spending along with expectations of continued robust AI demand. There is a contrasting behavior between the stock market and gold this morning. Expectations in the market were that gold would fall when the government reopened. These expectations made sense because gold is bought when uncertainty rises, and the government reopening reduces uncertainty. However, gold is surging. The reason is the government opening means the government will be spending recklessly, adding to the national debt. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6814 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 165 points. Gold futures are at $4104, silver futures are at $49. 81, and oil futures are at $60. 06. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. Dr. Natasha Arora Dr. Natasha Arora has significant expertise in investment analysis especially biotech, healthcare, and technology. Natasha is a graduate of Harvard Medical School followed by a postdoc at MIT. She has published several peer reviewed research papers in top science journals. --- - Categories: 0 - Tags: ASTS, BTCUSD, CRWV, GOLD, HOOD, IREN, MARKETS, NVDA, OIL, OKLO, QQQ, SILVER, SPY By Nigam Arora To gain an edge, this is what you need to know today. Fed Fears Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows QQQ has dipped into zone 1 (support). The chart shows QQQ is making a lower low than the prior low. The chart shows that QQQ has very quickly given up the gains from the government opening euphoria. RSI on the chart shows QQQ is oversold. Oversold markets tend to bounce. A pullback to the low band of zone 1 (support) and even a slight break is a normal part of the course. What is unusual is that based on historical precedent such a move typically happens in September and October, but instead this year is happening in November. Assuming the upcoming data is as expected, expect money managers to start buying in year end chase. However, if the data is worse than expected and there is more evidence that the Fed will not do the wrong thing, the risk to the stock market will rise. It will be important to watch the data as it comes and also pay attention to Fed speak. We have been repeatedly sharing with you that, in addition to AI, the other big reason for the stock market rise has been liquidity and loose financial conditions. The consensus has been that liquidity will increase and financial conditions will become even looser in December. A part of the equation has been a strong belief that the Fed would cut interest rates in December even if the data does not justify it. As a member of The Arora Report, you were ahead of the curve. Yesterday morning before the stock market open, we shared with you: Prudent investors should pay attention that at this time, four Fed presidents, Goolsbee, Musalem, Collins, and Schmid, are not calling for a rate cut in December. Yesterday, the stock market fell and is also seeing selling in the early trade today on the fear that the Fed may not do the wrong thing. The wrong thing to do is to cut interest rates even when the data does not justify it. The stock market is troubled that in spite of intense political pressure, four Fed presidents have the gumption to stand up for the right thing. In The Arora Report analysis, there is a better than 50% probability of a rate cut in December. Investors should not get carried away against or in favor of a rate cut, and instead investors should focus on the data. Due to the government shutdown, we have not been getting the data. Now that the government is open, a deluge of data is ahead. A near term determinant of the stock market direction will be Nvidia (NVDA) earnings and the market reaction, which are scheduled to be reported on November 19. Producer Price Index (PPI) and retail sales were not released this morning due to the government shutdown. Especially hard hit are momo accounts that were aggressively buying call options on cryptos and highly speculative stocks. Many of these accounts are now totally blown. Even those momo accounts that were buying the momo crowds favorite stocks such as Oklo (OKLO), AST SpaceMobile (ASTS), IREN (IREN), Robinhood (HOOD), and CoreWeave (CRWV) on margin have experienced margin calls leading to forced selling. This is causing inordinate pain among the momo crowd. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is *** but can quickly turn ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Gold and silver are being sold on concerns that the Fed may not do the wrong thing. Gold and silver benefit when the Fed does the wrong thing. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin We previously shared with you when bitcoin (BTC. USD) was much higher that bitcoin whales were selling. Two big drivers of bitcoin are liquidity and loose financial conditions. Yesterday, bitcoin ETFs saw an outflow of $870M on concerns that the Fed may not do the wrong thing. This was the second biggest one day outflow in bitcoin ETFs. As of this writing, bitcoin is trading around $95K. Bitcoin promoters are out in force, trying to convince retail investors to double down on bitcoin. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6693 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 305 points. Gold futures are at $4051, silver futures are at $50. 50, and oil futures are at $59. 84. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: LLY By Nigam Arora On October 17th, our paid members were alerted that a major development on weight loss drug pricing was likely coming and that it could significantly impact Eli Lilly (LLY) stock. Yesterday, there was a signal in ZYX Buy on a key development that could materially impact LLY stock. Eli Lilly, one of the stocks in the ZYX Buy Core Model Portfolio by The Arora Report, has struck a deal with President Trump’s administration to lower the price of its weight loss drugs. Reduced pricing and expanded access, particularly through Medicare and Medicaid, are expected to drive significantly wider adoption of Lilly’s GLP-1/obesity treatments. Increased usage often offsets lower price points, and the stock is reflecting this dynamic. LLY is long from $318. 45, and as of this writing, it is trading at $1030. 39 as of this writing, representing a gain of 224%. With this expanded market opportunity, there is now a high probability of LLY becoming the first $1 trillion pharmaceutical company. The new target zone is $1556 - $1578. What To Do Now Those already in LLY stock may consider continuing to hold. Those not in LLY stock may consider waiting for a new buy zone, which will be in ZYX Buy. Please click here to start a 30 day free trial to ZYX Buy. If you are not ready to take a 30 day free trial, subscribe to our Free Forever Generate Wealth Newsletter by entering your email below. Email Subscribe Now Previous Signal Below is an excerpt from the October 17 signal that alerted paid members weeks in advance. There are very nice profits on LLY. LLY is trading at $799. 15 as of this writing. President Trump wants to reduce weight-loss drug prices. Weight-loss pills are ahead from LLY. If LLY is allowed to charge prices similar to injectables, LLY stock may stage a leg up. However, President Trump appears to want to bring the price of weight-loss injectables down to $150 per month. If President Trump is successful, LLY stock could fall from here. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. If you are not ready to take a 30 day free trial, subscribe to our Free Forever Generate Wealth Newsletter by entering your email below. Email Subscribe Now These posts were published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 By Nigam Arora To gain an edge, this is what you need to know today. AI Share Please click here for a chart of Advanced Micro Devices stock (AMD). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of AMD stock is being used to illustrate the point. The chart shows AMD stock trading in a wide range yesterday as the company conducted its investor day. The chart shows AMD moving up this morning. The price action in AMD is a learning moment for investors. It is not how good the investor day is. It is how what is said compares to expectations. The reason for high volatility was that investor expectations were very high that AMD would give more bullish numbers than what were already discounted in the stock. It turned out that, with the exception of total addressable market, the numbers AMD provided were already discounted in the stock. RSI on the chart shows that if upward momentum takes hold, the stock has room to run. Here are the key points from AMD’s investor day: AMD is planning to take AI market share away from Nvidia (NVDA). In The Arora Report analysis, AMD has a shot at capturing 10+% market share in AI. AMD is projecting 35% compounded annual growth rate over the next three to five years. AMD is targeting $20 in earnings per share by 2030. AMD has increased its total addressable market to over $1T. In The Arora Report analysis, in the longer term, one of the key factors will be if OpenAI fully ramps to six gigawatt potential with AMD. The other key factor will be how many gigawatt-scale customers AMD attracts. Yesterday, NVDA stock was sold. This morning NVDA stock is seeing buying after a key supplier Foxconn said that it expects strong AI demand through next year and reported 17% earnings increase year-over-year. The Fed is divided over a possible interest rate cut in December. Here are the main questions for the Fed as it balances inflation and the risks to the labor market: Are price increases from tariffs a one time event or will they sustain? Is weak hiring an indication of reduced supply or slowed demand? Are rates restrictive? After the government opens, economic data will start to trickle in and may become a big driver of the markets. This morning, there is buying in the stock market as euphoria about the government reopening continues. Prudent investors need to be aware of a new development that may become a trend. During the pandemic, wages of hourly employees rapidly rose. Lately, wages have been stagnant, but now, wages may start coming down. This is not a good development for the low end consumers and in turn, for the companies that sell to low end consumers. Walgreens has announced it will decrease wages for hourly workers and no longer provide paid holidays and vacations. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. India India's Consumer Price Index (CPI) came at 0. 25% year-over-year vs. 0. 48% consensus. In The Arora Report analysis, this data increases the probability of a rate cut by the Reserve Bank of India. If on top of this India strikes a good trade deal with the U. S. , stocks in India could rip. There will be a new signal on India ETF EPI in ZYX Allocation and ZYX Emerging. When appropriate, there may also be new signals on India ETFs SMIN and GLIN in ZYX Emerging. There may also be a signal on India focused fund FFXDF in ZYX Buy. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The discount on Russian oil has widened to about $20 per barrel due to India reducing buying of Russian oil. The $20 discount is the highest this year. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6896 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 124 points. Gold futures are at $4131, silver futures are at $51. 57, and oil futures are at $60. 11. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: MTSR, NVO, PFE By Nigam Arora Editor’s note: This post was published yesterday in The Arora Report paid feeds. 217th Buyout Novo Nordisk (NVO) and Pfizer (PFE) have been in a bidding war over biotech Metsera (MTSR). Pfizer prevailed, making Metsera the 217th Arora portfolio company to be bought out. Late Friday evening, MTSR stock traded as high as $89 on expectations that Novo Nordisk would raise its bid. When Novo Nordisk did not raise its bid, MTSR stock fell. The Deal The value of Pfizer’s offer is $86. 25 per share. The offer is for $65. 60 cash and up $20. 65 contingent value rights (CVR) per share. The CVRs are tied to clinical trial milestones and FDA approvals. The additional issue for investors is CVRs do not trade. Thus, the money is locked up. The deal is expected to close after Metsera’s shareholder vote on November 13. What To Do Now What to do now is a matter of personal preference. Those who do not want the funds to be locked up may consider selling in the open market and exiting the position. Those who do not mind, may consider continuing to hold. Profiting From Buyouts To date, 217 Arora Portfolio companies have been bought out, producing large gains for members who routinely invest in buyout targets. This performance is better than the firms that charge $50,000 per year and provide buyout advice. With The Arora Report, you get so much more. Signal Limited is a Signal(s) with a great record in similar situations but does not meet all of the stringent criteria for a Signal. Typically Signal Limited has higher risk-reward compared to a Signal over the short term. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was published yesterady on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMD, BTCUSD, GOLD, MARKETS, NVDA, OIL, QQQ, SILVER, SPX, SPY, TSM By Nigam Arora To gain an edge, this is what you need to know today. Aggressive Stock Buying Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market was falling rapidly when The Arora Report wrote the FAA was cutting flights and this would put pressure on both sides to reach an agreement and reopen the government. The chart shows the Arora call that stocks can rip higher on the prospect of the government reopening. This call was made when stocks were being aggressively sold, as shown on the chart. Only a few hours later, the chart shows the stock market turned on rumors that the government would reopen. The chart shows the stock market took another leg up on a media report that the government would reopen. The chart shows aggressive buying in the stock market in the early trade today on optimism that the government will reopen soon. The VUD indicator is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand. The VUD indicator has turned orange, indicating net supply of stocks. This shows that underneath the euphoric buying there is a net supply of stocks. As is often the case, The Arora Report members were ahead of the curve. Here is a noteworthy market behavior that is typical of bull markets. The stock market did not see selling when the government was initially shut down. The stock market is seeing aggressive buying on the prospect of the government opening. In a bull market, it is typical for negative news to be ignored and positive news to be bought. Sales data from Taiwan Semiconductor (TSM) is important. TSM manufactures Nvidia (NVDA) and Advanced Micro Devices (AMD) chips. The momentum of revenue increases is slowing at TSM. This should concern prudent investors about the AI trade. However, in the euphoria of the government potentially reopening, no one is paying attention this morning. Here are the details: October revenue increased 11% month-over-month and 16. 9% year-over-year to roughly $11. 9B. This is the slowest increase since early 2024. TSM raised its revenue growth forecast. TSM is maintaining its forecast for capital spending along with expectations of continued robust AI demand. There is a contrasting behavior between the stock market and gold this morning. Expectations in the market were that gold would fall when the government reopened. These expectations made sense because gold is bought when uncertainty rises, and the government reopening reduces uncertainty. However, gold is surging. The reason is the government opening means the government will be spending recklessly, adding to the national debt. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6814 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 165 points. Gold futures are at $4104, silver futures are at $49. 81, and oil futures are at $60. 06. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: ABAT, AMD, AMZN, ASTS, BTC-USD, BTCUSD, CAVA, CDE, CIFR, CMG, CRML, CRWV, DIA, DJIA, GDX, GLD, GOLD, IONQ, IREN, JNJ, KMB, KVUE, LAC, MARKETS, MP, MSFT, NBIS, NGD, NVDA, OIL, OKLO, PLTR, QBTS, QQQ, RGTI, SILVER, SLV, SPX, SPY, TBF, TBT, TSLA, USAR, USO By Nigam Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' NASDAQ DIPS INTO CRITICAL SUPPORT ZONE, SENTIMENT SHIFTS Nov 7, 2025 To gain an edge, this is what you need to know today. Critical Support Zone Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows QQQ gapped down. The chart shows that subsequently a rally brought QQQ to the bottom of the gap. The chart shows that instead of another rally to close the gap, as has often been the case in this bull market, QQQ fell. The chart shows that QQQ is now in zone 1 (support). RSI on the chart shows that even though QQQ is not oversold, it is getting close to being oversold. Oversold markets tend to bounce. In The Arora Report analysis it is critical for this support zone to hold for the uptrend to stay valid. If there is a break below zone 1, zone 2 (support) shown on the chart will come into the picture. In The Arora Report analysis, due to the calendar, the probability of a break below zone 1 continues to remain low unless there is new news. If this was occurring in September or October, the probability of a break below zone 1 and a move to zone 2 would have been high. However, it is November and the year end chase is ahead. Two possible triggers to the upside are: The government reopening Fed officials, especially Fed Chair Powell, indicating a rate cut in December The FAA is cutting flights due to some air traffic controllers not showing up to work. Air traffic controllers are not being paid due to the government shutdown. Flight cuts may be the pressure needed to bring Republicans and Democrats together to open the government. When the government opens, there will be an immediate surge of economic activity. For today, Fed Vice Chair Philip Jefferson has said: “It makes sense to proceed slowly as we approach the neutral rate. ” It will be a close call if the Fed cuts rates in December or not. Tariffs may be keeping prices high while progress is being made on the underlying inflation. Sentiment is fluctuating wildly. Sentiment has shifted from extreme positive to very positive in a day. Nvidia (NVDA) and Tesla (TSLA) play a big part in sentiment. There are reports that the government is making it difficult for Nvidia to export throttled down AI chips to China that were specifically designed for the Chinese market. Tesla shareholders approved the $1T pay package for CEO Elon Musk with 75% in favor. 75% is significantly more than the consensus. Initially, TSLA stock jumped on the news. Bulls were expecting TSLA stock to breakout and quickly move to the $500 magnet as Musk made highly ambitious promises. In fact, the reverse has happened, and this is denting sentiment. University of Michigan consumer sentiment data will be released at 10am ET and may be market moving. The official jobs report will not be released today due to the government shutdown. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are neutral in Apple (AAPL) and Microsoft (MSFT). In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6718 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 125 points. Gold futures are at $4003, silver futures are at $48. 35, and oil futures are at $59. 84. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. HUMAN LEVEL ARTIFICIAL GENERAL INTELLIGENCE ALREADY HERE, TAXING AI AGENTS, INVESTORS CELEBRATE TRUMP’S ROUGH DAY Nov 6, 2025 To gain an edge, this is what you need to know today. Extreme Positive Sentiment Returns Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows QQQ almost touched the upper band of zone 1 (support). The chart shows that today QQQ is bouncing. It is a positive for the stock market that QQQ did not dip into the support zone. Yesterday, oral arguments in the Supreme Court case on Trump tariffs were heard. With the justices asking tough questions of President Trump’s attorney, the likelihood of a ruling in favor of the tariffs has decreased. At a low during oral arguments, on the betting market Polymarket placed the likelihood of Trump winning at 18% and Kalshi at 20%. Investors celebrated by buying stocks on the reduced likelihood of a favorable ruling on Trump tariffs. The Supreme Court ruling is expected in a matter of weeks. As we shared with you in yesterday’s Morning Capsule, it is important to remember: If President Trump loses, there will be two crosscurrents. One one side, interest rates could rise because the bond market is counting on tariff revenue. On the other side, inflation may come down and profitability of corporations may go up. As we have been sharing with you, prudent investors need to keep in mind if President Trump loses, he has many other avenues to impose tariffs available to him under the law. In The Arora Report analysis, in a market that is not staying down for long, the celebration of a potential ruling against tariffs shifted the sentiment from very positive back to extreme positive. October this year saw more job losses than any other October in two decades. The primary reason is AI. Right now, the stock market does not care. However, prudent investors need to ask this question: With more and more people losing jobs, isn’t it going to start impacting corporate earnings? Nvidia (NVDA) CEO Jensen Huang said that China will win the AI war. He back tracked when a backlash erupted. No one in the U. S. wants to hear China will win in AI. Yesterday, hedge funds aggressively bought stocks that are favored by the retail momo crowd. Knowing that the retail momo crowd buys on momentum and media pump without doing any legitimate analysis, hedge funds are simply front running, hoping to sell these stocks to the retail momo crowd at higher prices. Prudent investors should note that some AI pioneers are claiming that human level artificial general intelligence (AGI) is already here. Investors should keep a keen eye as this has major implications for the stock market. AGI will cause significant job losses, leaving fewer people to pay taxes and spend money to fuel the U. S. economy. One idea that is floating around is to start taxing AI agents. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. England The Bank of England left interest rates unchanged, which is inline with consensus. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Alphabet (GOOG), Meta (META), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL), Amazon (AMZN), and Microsoft (MSFT). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6840 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 33 points. Gold futures are at $4023, silver futures are at $48. 42, and oil futures are at $60. 06. NASDAQ PULLS BACK TO SUPPORT ZONE – MOMO AGGRESSIVELY BUYS STOCKS, WHALES DUMP $45B OF BITCOIN Nov 5, 2025 To gain an edge, this is what you need to know today. Momo Buys On Pullback Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows QQQ has pulled back to the top of zone 1 (support). Such a pullback is common and necessary. In The Arora Report analysis, as long as QQQ does not break below the low band of zone 1, the thesis of the year end chase remains intact. Prudent investors should be mindful of three points: Due to the government shutdown, there is not as much data as prudent investors would like. In many ways, the stock and bond markets are flying blind. The Supreme Court hearing on Trump tariffs is today. Bettors on betting markets are betting President Trump will lose. On Polymarket, the probability of President Trump winning is 39%, and on Kalshi, it is 41%. If President Trump loses, he has many other avenues to impose tariffs available to him under the law. If President Trump loses, there will be two crosscurrents. One one side, interest rates could rise because the bond market is counting on tariff revenue. On the other side, inflation may come down and profitability of corporations may go up. In The Arora Report analysis, the reason behind the market pulling back to zone 1, instead of going up, is the shift in the sentiment. Sentiment has shifted from extreme positive to very positive. The momo crowd has been responsible for the extreme froth that has built up. Some of this froth has now come off. The result is huge losses for momo crowd accounts. Here are a few examples: Nuclear stock Oklo (OKLO) is down 41% from its recent high as of this writing in the premarket. Space stock AST SpaceMobile (ASTS) is down 32% from its recent high as of this writing in the premarket. Lithium stock Lithium Americas (LAC) is down 56% from its recent high as of this writing in the premarket. Battery stock American Battery Technology (ABAT) is down 66% from its recent high as of this writing in the premarket. The momo crowd is fighting back and buying exactly the same stocks they were chasing before. Momo guru pitches are so seductive that the momo crowd always has a fresh new supply of investors. While some momo accounts are being decimated, the new money momo gurus are attracting keeps the momo crowd in a dominant position. As we have been sharing with you, valuations are very high, and as such, do not provide support for the stock market when sentiment changes. One issue facing the market is that whisper numbers have moved very high. Advanced Micro Devices (AMD) earnings provide a great illustration. Advanced Micro Devices reported great earnings better than consensus, but the stock fell because the reported numbers were below the whisper numbers. Younger consumers continue to pull back. This was the theme from Mediterranean restaurant chain CAVA’s (CAVA) earnings. Previously, the same theme was in Chipotle (CMG) earnings. The economy has become a K-shaped economy. The top 20% continue to do well and spend money. The rest of the population is pulling back. ADP is the largest private payroll processor in the country. ADP uses its data to provide a glimpse of the official jobs report. The official jobs report is unlikely to be released due to the government shutdown. ADP Employment Change came at 42K vs. 26K consensus. In The Arora Report analysis, even though the headline looks good, hiring is slowing. ISM Services will be released at 10am ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Alphabet (GOOG), Meta (META), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Amazon (AMZN), Microsoft (MSFT), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a build of 6. 5M barrels vs. a consensus of a draw of 2. 4M barrels. The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) briefly fell below $100K as whales dumped $45B of bitcoin. Retail investors aggressively bought the dip. The pattern persists – whales opportunistically trade their bitcoins for dollars; retail investors continue to trade their dollars for bitcoin. For those who want a deeper understanding of how bitcoin whales act, there is a series of podcasts in Arora Ambassador Club. To get on the waitlist to join Arora Ambassador Club, please click here to fill out the form. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is unchanged. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6804 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 30 points. Gold futures are at $3981, silver futures are at $47. 68, and oil futures are at $60. 33. SMART MONEY SELLS PALANTIR, QUANTUM COMPUTING, AND SPACE STOCKS, GOLD GIVES UP MOMO INDUCED GAINS Nov 4, 2025 To gain an edge, this is what you need to know today. Smart Money Making Tactical Changes Please click here for a chart of Palantir stock (PLTR). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of PLTR stock is being used to illustrate the point. PLTR stock had been running up going into earnings. The buying in PLTR stock was primarily from the momo crowd. The chart shows PLTR stock spiked up on earnings, trading as high as $222. The chart shows PLTR stock slowly started falling later in the after hours session and in the early trade this morning. PLTR stock has fallen to $189. 85 as of this writing in the premarket. Palantir reported excellent earnings, commentary was excellent, and growth was good. Here are the details: Earnings came at $0. 21 per share vs. $0. 17 consensus. Revenues came at $1. 18B vs. $1. 09B consensus, up 62. 8% year-over-year. The company guided Q4 revenues of $1. 327B - $1. 331B vs. $1. 18B consensus. The company guided FY25 revenues of $4. 396B - $4. 4B vs. $4. 14B consensus. U. S. business growth came at 77% year-over-year, and U. S. commercial growth came at 121% year-over-year. Palantir’s CEO Alex Karp said, “These are arguably the best results that any software company has ever delivered. ” In spite of all that, why did PLTR stock fall? It fell because the momo crowd had been running up PLTR stock, and smart money took advantage of the strength to book partial profits. PLTR is in the ZYX Buy Core Model Portfolio. PLTR is long from $20. 15. PLTR is trading at $189. 85 as of this writing in the premarket, representing a 842% gain. Palantir is a great company, but its stock is one of the most expensive popular stocks in this market. Yesterday also saw vicious reversals in other stocks popular among the momo crowd including data center stocks such as IREN (IREN), Nebius (NBIS), and CoreWeave (CRWV), nuclear stocks such as Oklo (OKLO), quantum computing stocks such as Rigetti (RGTI), D-Wave Quantum (QBTS), and IonQ (IONQ), space stocks such as AST SpaceMobile (ASTS), rare earth stocks such as MP Materials (MP), USA Rare Earth (USAR), and Critical Metals (CRML). Smart money is making tactical changes. Expect smart money to buy any significant dip as the year end chase is ahead. Expect the momo crowd to fight back and aggressively buy their favorite stocks, trying to run them up. The problem the momo crowd faces is that a big segment of the momo crowd aggressively buys short dated, out of money call options. Such options can expire worthless, causing havoc with momo accounts unless there is a quick snap back in momo stocks. The hearing before the Supreme Court on Trump tariffs is tomorrow. The Supreme Court’s ruling can potentially have a major impact on the stock market. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Gold has fallen below $4000. You may recall that The Arora Report shared that after gold crossed $4000, momo gurus who had never recommended gold before came out of the woodwork and started urging their followers to aggressively buy gold. Gold is essentially giving up the gains from momo buying. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil There is selling in oil on concerns about supply exceeding demand. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling along with speculative momo crowd stocks. The psychological support level of $100K is nearby. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6808 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 293 points. Gold futures are at $3990, silver futures are at $47. 26, and oil futures are at $60. 11. BUFFETT SELLS STOCKS – HERE IS WHAT PRUDENT INVESTORS SHOULD DO NOW, OPEC+ CHANGES STANCE Nov 3, 2025 To gain an edge, this is what you need to know today. Buffett Sells Stocks Please click here for a chart of Warren Buffett's company Berkshire Hathaway stock (BRK. B). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of BRK. B is being used to illustrate the point. The chart shows BRK. B stock has pulled back from highs earlier this year. The chart shows BRK. B is in zone 2 (support). RSI on the chart shows BRK. B stock is neither overbought nor oversold. Warren Buffett is the most successful investor of our time. His company Berkshire Hathaway reported earnings. Here are the details: Berkshire Hathaway did not buy back any of its own stock. A pattern that is continuing from May 2024. Berkshire Hathaway’s cash holdings have reached a new record $381B, up from $344B at the end of June. Berkshire Hathaway bought $6. 4B worth of equities in Q3. However, the company also sold $12. 4B worth of equities. There are indications, but no formal confirmation, that Berkshire sold more Apple stock (AAPL) in Q3. Berkshire Hathaway’s total after tax earnings came at $30. 8B, up 17% year-over-year. Berkshire Hathaway has $305B of Treasuries on its balance sheet. Warren Buffett is stepping down as CEO at the end of 2025. Here is what prudent investors need to think about: Why was Buffett a net seller of stocks? As BRK. B stock has come down, why did Buffett not buy his own stock? Why is Buffett holding so much cash? For answers, investors do not have to look far. Buffett himself has provided the answers. Stocks are very expensive right now. BRK. B stock itself is not inexpensive enough to buy. Berkshire Hathaway is holding a lot of cash, so it can capture better opportunities as they will certainly arise in the future. The Arora Report has continuously shared that if you do not hold enough cash you cannot capture great opportunities when they arise. Most investors do not have billions like Buffett and do not have deal access like Buffett. For most investors, the best way to follow what Buffett is doing is to follow the Arora Protection Band. Keep in mind the Arora Protection Band is dynamic. As such, it helps investors generate wealth and protect wealth at the same time. Two data center stocks are jumping. Cipher Mining (CIFR) signed a deal with Amazon (AMZN), and IREN (IREN) signed a deal with Microsoft (MSFT). AMZN stock is jumping on a deal with OpenAI. Mergers and acquisitions continue to heat up. Kimberly-Clark (KMB) is buying Tylenol maker Kenvue (KVUE). KVUE was previously spun off from Johnson & Johnson (JNJ). Precious metal miner Coeur Mining (CDE) is buying New Gold (NGD). In the truce in the US China trade war, for the time being, China will not add to export controls on rare earth minerals and will end investigations into U. S. semiconductor companies. Expect blind money to flow into the stock market today and tomorrow. Blind money is the money that flows into the stock market on the first two days of the month without any analysis irrespective of market conditions. ISM Manufacturing Index will be released today at 10am ET. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), and Meta (META). In the early trade, money flows are negative in Apple (AAPL) and Tesla (TSLA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil Due to the prospect of an oil glut, OPEC+ is changing its stance. OPEC+ is pausing output hikes next year. This is pushing the price of oil higher. The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6900 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 14 points. Gold futures are at $4029, silver futures are at $48. 35, and oil futures are at $61. 00. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, GOLD, MARKETS, NVDA, OIL, QQQ, SILVER, SPY, TSLA By Nigam Arora To gain an edge, this is what you need to know today. Critical Support Zone Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows QQQ gapped down. The chart shows that subsequently a rally brought QQQ to the bottom of the gap. The chart shows that instead of another rally to close the gap, as has often been the case in this bull market, QQQ fell. The chart shows that QQQ is now in zone 1 (support). RSI on the chart shows that even though QQQ is not oversold, it is getting close to being oversold. Oversold markets tend to bounce. In The Arora Report analysis it is critical for this support zone to hold for the uptrend to stay valid. If there is a break below zone 1, zone 2 (support) shown on the chart will come into the picture. In The Arora Report analysis, due to the calendar, the probability of a break below zone 1 continues to remain low unless there is new news. If this was occurring in September or October, the probability of a break below zone 1 and a move to zone 2 would have been high. However, it is November and the year end chase is ahead. Two possible triggers to the upside are: The government reopening Fed officials, especially Fed Chair Powell, indicating a rate cut in December The FAA is cutting flights due to some air traffic controllers not showing up to work. Air traffic controllers are not being paid due to the government shutdown. Flight cuts may be the pressure needed to bring Republicans and Democrats together to open the government. When the government opens, there will be an immediate surge of economic activity. For today, Fed Vice Chair Philip Jefferson has said: “It makes sense to proceed slowly as we approach the neutral rate. ” It will be a close call if the Fed cuts rates in December or not. Tariffs may be keeping prices high while progress is being made on the underlying inflation. Sentiment is fluctuating wildly. Sentiment has shifted from extreme positive to very positive in a day. Nvidia (NVDA) and Tesla (TSLA) play a big part in sentiment. There are reports that the government is making it difficult for Nvidia to export throttled down AI chips to China that were specifically designed for the Chinese market. Tesla shareholders approved the $1T pay package for CEO Elon Musk with 75% in favor. 75% is significantly more than the consensus. Initially, TSLA stock jumped on the news. Bulls were expecting TSLA stock to breakout and quickly move to the $500 magnet as Musk made highly ambitious promises. In fact, the reverse has happened, and this is denting sentiment. University of Michigan consumer sentiment data will be released at 10am ET and may be market moving. The official jobs report will not be released today due to the government shutdown. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are neutral in Apple (AAPL) and Microsoft (MSFT). In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6718 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 125 points. Gold futures are at $4003, silver futures are at $48. 35, and oil futures are at $59. 84. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, GOLD, MARKETS, NVDA, OIL, QQQ, SILVER, SPY By Nigam Arora To gain an edge, this is what you need to know today. Extreme Positive Sentiment Returns Please click here for a chart of Nasdaq 100 ETF (QQQ). Note the following: The chart shows QQQ almost touched the upper band of zone 1 (support). The chart shows that today QQQ is bouncing. It is a positive for the stock market that QQQ did not dip into the support zone. Yesterday, oral arguments in the Supreme Court case on Trump tariffs were heard. With the justices asking tough questions of President Trump’s attorney, the likelihood of a ruling in favor of the tariffs has decreased. At a low during oral arguments, on the betting market Polymarket placed the likelihood of Trump winning at 18% and Kalshi at 20%. Investors celebrated by buying stocks on the reduced likelihood of a favorable ruling on Trump tariffs. The Supreme Court ruling is expected in a matter of weeks. As we shared with you in yesterday’s Morning Capsule, it is important to remember: If President Trump loses, there will be two crosscurrents. One one side, interest rates could rise because the bond market is counting on tariff revenue. On the other side, inflation may come down and profitability of corporations may go up. As we have been sharing with you, prudent investors need to keep in mind if President Trump loses, he has many other avenues to impose tariffs available to him under the law. In The Arora Report analysis, in a market that is not staying down for long, the celebration of a potential ruling against tariffs shifted the sentiment from very positive back to extreme positive. October this year saw more job losses than any other October in two decades. The primary reason is AI. Right now, the stock market does not care. However, prudent investors need to ask this question: With more and more people losing jobs, isn’t it going to start impacting corporate earnings? Nvidia (NVDA) CEO Jensen Huang said that China will win the AI war. He back tracked when a backlash erupted. No one in the U. S. wants to hear China will win in AI. Yesterday, hedge funds aggressively bought stocks that are favored by the retail momo crowd. Knowing that the retail momo crowd buys on momentum and media pump without doing any legitimate analysis, hedge funds are simply front running, hoping to sell these stocks to the retail momo crowd at higher prices. Prudent investors should note that some AI pioneers are claiming that human level artificial general intelligence (AGI) is already here. Investors should keep a keen eye as this has major implications for the stock market. AGI will cause significant job losses, leaving fewer people to pay taxes and spend money to fuel the U. S. economy. One idea that is floating around is to start taxing AI agents. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. England The Bank of England left interest rates unchanged, which is inline with consensus. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Alphabet (GOOG), Meta (META), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL), Amazon (AMZN), and Microsoft (MSFT). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6840 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 33 points. Gold futures are at $4023, silver futures are at $48. 42, and oil futures are at $60. 06. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 By Nigam Arora The January Effect The January Effect offers an opportunity to potentially make about 30% in three months. In some years, over 50% return has been generated. Of course, the annualized return can be 120 – 200%. It is a phenomenon that makes prices of certain stocks rise more in January than the market averages. History Over the last 30 years, money has been made from the January Effect about 80% of the time, broken even about 10% of the time, and lost money about 10% of the time. Why Dips Occur In Certain Stocks Providing Opportunities The practical way to take advantage of the January Effect is to buy dips in certain stocks that may occur for the following two reasons: 1. Tax-loss selling. One strategy that is commonly employed by investors is to offset gains by taking losses on certain stocks. Such selling for tax purposes artificially depresses the price of certain stocks. 2. Window dressing. Portfolio managers in their year-end reports do not want to show investors that they were holding stocks that did not do well. Therefore, they sell such stocks artificially depressing them further. Two Reasons Behind The January Effect The January Effect occurs for two reasons. 1. Investors buy stocks in January that were artificially depressed because of tax-loss selling in the prior year. 2. In January, Wall Street professionals get big bonuses. Those with big bonuses prefer bargain stocks and drive up the prices of the stocks that were losers the previous year. The conventional wisdom is that this effect applies only to small stocks. Our experience is that the effect is not limited to small stocks but applies to depressed stocks in general. How To Reduce Risk At The Arora Report, we advocate a basket strategy to reduce risk. The Arora Report publishes a basket of stocks to profit from the January Effect along with buy zones and position sizes. Most of the buy zones are below the market. The plan is to catch down spikes. Typically, only 15% – 25% of the stocks on the list get fills. All stocks with fills will not be winners, there will be losers. Even some winners will have puny returns. Typically, two or three stocks end up with monster returns. The average return typically ends up about 30% over three months. Also, consider devoting only a very small part of your portfolio to this strategy. Be fully aware that in some years this strategy does not work and ends in losses. The total amount devoted to this strategy should not exceed your personal risk tolerance. Also, keep mental stops of about 15%. If following this strategy, consider giving utmost priority to risk control based on your personal preference. Investors should also consider taking profits and cutting losses based on personal preferences and not wait for signals. Investors are responsible for risk control, no additional signals are given for stop losses beyond the mental 15% recommendation. Be careful to not get fills in too many stocks based on your portfolio size and personal risk preference. When To Buy Thirty years ago, one could simply buy depressed stocks in the last week of December. Now it has become more complicated. In some years, the validity of the buy zones may need to be extended into January. A separate signal will be issued if needed at that time. If no new signal is issued, buy zones expire on December 31, 2025. Please stay tuned to new posts as the above parameters may need to be changed due to the special circumstances of the market. When To Take Gains Normally, gains are taken from late January to early April. Managing The Trades A practical way is to put in good-til-canceled orders (GTC). Consider putting small orders in tranches spread out in the buy zones. All orders will not fill. If there are not many fills, consider raising the order prices. Every year there have been a handful of stocks on the list that came within $0. 25 of the top band of the buy zone and then went on to double. For this reason, aggressive investors may want to take liberty with the top end of the buy zones. If buying above the top band of the buy zone, consider reducing the quantity to reduce risk. If you already hold some of the stocks in the basket, consider excluding those from your January Effect list. If the market goes up between now and the end of the year, there may not be many fills. It never pays to chase the price. To be successful, consider buying only on the down spikes. Caution For conservative investors, it is better to not chase the price and consider buying only on the down spikes. There is no guarantee that this strategy will produce profits this time. The strategy may even produce losses. January Effect Portfolio By The Arora Report To access the full January Effect Portfolio by The Arora Report, including 26 stocks, their buy zones, and recommended quantities, take a 30-day free trial to ZYX Buy Change Alert. Your satisfaction is 100% guaranteed. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: META, NVDA By Nigam Arora Nigam Arora returns to the Schwab Network and weighs in on Nvidia's (NVDA) eye-watering rally, the Mag 7's general outperformance, and why he expects institutional investors to push the market leaders higher into the end of 2025. He sees portfolio managers buying more shares to match stock performance, pointing to pullbacks in companies like Meta Platforms (META) as one many will watch. Nigam also explains the January Effect and how investors can see upwards of 30% upside in their portfolio. November is the time to start January Effect positions. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMZN, BTCUSD, CDE, CIFR, GOLD, IREN, JNJ, KMB, KVUE, MARKETS, MSFT, NGD, OIL, QQQ, SILVER, SPY By Nigam Arora To gain an edge, this is what you need to know today. Buffett Sells Stocks Please click here for a chart of Warren Buffett's company Berkshire Hathaway stock (BRK. B). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of BRK. B is being used to illustrate the point. The chart shows BRK. B stock has pulled back from highs earlier this year. The chart shows BRK. B is in zone 2 (support). RSI on the chart shows BRK. B stock is neither overbought nor oversold. Warren Buffett is the most successful investor of our time. His company Berkshire Hathaway reported earnings. Here are the details: Berkshire Hathaway did not buy back any of its own stock. A pattern that is continuing from May 2024. Berkshire Hathaway’s cash holdings have reached a new record $381B, up from $344B at the end of June. Berkshire Hathaway bought $6. 4B worth of equities in Q3. However, the company also sold $12. 4B worth of equities. There are indications, but no formal confirmation, that Berkshire sold more Apple stock (AAPL) in Q3. Berkshire Hathaway’s total after tax earnings came at $30. 8B, up 17% year-over-year. Berkshire Hathaway has $305B of Treasuries on its balance sheet. Warren Buffett is stepping down as CEO at the end of 2025. Here is what prudent investors need to think about: Why was Buffett a net seller of stocks? As BRK. B stock has come down, why did Buffett not buy his own stock? Why is Buffett holding so much cash? For answers, investors do not have to look far. Buffett himself has provided the answers. Stocks are very expensive right now. BRK. B stock itself is not inexpensive enough to buy. Berkshire Hathaway is holding a lot of cash, so it can capture better opportunities as they will certainly arise in the future. The Arora Report has continuously shared that if you do not hold enough cash you cannot capture great opportunities when they arise. Most investors do not have billions like Buffett and do not have deal access like Buffett. For most investors, the best way to follow what Buffett is doing is to follow the Arora Protection Band. Keep in mind the Arora Protection Band is dynamic. As such, it helps investors generate wealth and protect wealth at the same time. Two data center stocks are jumping. Cipher Mining (CIFR) signed a deal with Amazon (AMZN), and IREN (IREN) signed a deal with Microsoft (MSFT). AMZN stock is jumping on a deal with OpenAI. Mergers and acquisitions continue to heat up. Kimberly-Clark (KMB) is buying Tylenol maker Kenvue (KVUE). KVUE was previously spun off from Johnson & Johnson (JNJ). Precious metal miner Coeur Mining (CDE) is buying New Gold (NGD). In the truce in the US China trade war, for the time being, China will not add to export controls on rare earth minerals and will end investigations into U. S. semiconductor companies. Expect blind money to flow into the stock market today and tomorrow. Blind money is the money that flows into the stock market on the first two days of the month without any analysis irrespective of market conditions. ISM Manufacturing Index will be released today at 10am ET. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), and Meta (META). In the early trade, money flows are negative in Apple (AAPL) and Tesla (TSLA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is ***(To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil Due to the prospect of an oil glut, OPEC+ is changing its stance. OPEC+ is pausing output hikes next year. This is pushing the price of oil higher. The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6900 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 14 points. Gold futures are at $4029, silver futures are at $48. 35, and oil futures are at $61. 00. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AAPL, AMZN, ANET, AREC, ARGT, BAM, BEP, BTCUSD, BWXT, CCJ, CIEN, CRML, DIA, DJIA, EWT, EWW, EWY, FXI, GDX, GEV, GLD, GOLD, GOOG, GOOGL, HYMLF, IONQ, LLY, MARKETS, META, MP, MSFT, NEE, NOK, NVDA, OIL, PLTR, QBTS, QQQ, QUBT, RGTI, RYCEY, SILVER, SLV, SPX, SPY, SSNLF, TBF, TBT, UBER, USAR, USO, UUUU, VNM By Nigam Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' CRITICAL POWELL SPEECH AMAZON STOCK BREAKS OUT ON INSATIABLE AI DEMAND, APPLE BUOYED ON RUSH TO UPDATE IPHONES, SENTIMENT BACK TO EXTREME POSITIVE Oct 31, 2025 To gain an edge, this is what you need to know today. Insatiable AI Demand Please click here for a chart of Amazon stock (AMZN). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of AMZN stock is being used to illustrate the point. The chart shows the gap up in AMZN stock after earnings. The chart shows AMZN stock has technically broken out. The chart shows zone 1. This was previously a resistance zone and has now turned into a support zone. RSI on the chart shows AMZN stock is very overbought. Overbought stocks are susceptible to a pullback. Amazon had been losing market share to Microsoft's Azure and Google Cloud. All of that has gone by the wayside because the demand for AI compute is insatiable. The numbers from Amazon earnings tell a story: Adjusted earnings came at $1. 95 per share vs. $1. 57 consensus. Revenue came at $180. 2B vs. $177. 9B consensus. AWS revenue came at $33B vs. $32. 5B consensus. Q4 revenue projections came at $206B - $213B vs. $208. 4B consensus. Amazon customers want to run their AI workloads in AWS. Amazon is advancing its AWS AI infrastructure for agent creation and deployment. Amazon is expanding its AI compute cluster from 500K Trainium 2 chips to over 1M by the end of the year. Trainium 3 will allow Amazon to supply more customers with AI compute. Based on the Amazon earnings and conference call, there is a new trade around position signal on AMZN stock in ZYX Buy. The trade around position is a separate and distinct from the core position in the Model Portfolio. Consumers are rushing to update their iPhones. This has led to the best quarter ever for Apple(AAPL). Apple is projecting a blockbuster holiday season. Based on The Arora Report proprietary sentiment analysis, after staying in the extreme positive zone for a long time, yesterday the sentiment moved down to the very positive zone. The trigger was earnings from Meta (META) and Microsoft (MSFT). Earnings from Amazon and AAPL have triggered a move in sentiment back to the extreme positive zone this morning. Barring any unexpected news, there is a very high probability of sentiment moving higher in the extreme positive zone. If such a move occurs in sentiment, it has the potential to cause a melt up in the stock market. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Venezuela The probability is increasing that the U. S. may directly attack military installations inside Venezuela. Venezuela is a major oil producer. If such an attack occurs and the stock market dips, the dip will likely be a buying opportunity. The reason is that a potential regime change in Venezuela will be a long term positive for the U. S. stock market. China Prudent investors should note that exporters in China are speculating the U. S. China trade truce will not last. The belief in China is that China got the upper hand over the U. S. in the agreement. Even though the stock market is celebrating the truce with China, prudent investors should be aware that long term risks with China remain. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6904 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 40 points. Gold futures are at $4043, silver futures are at $48. 67, and oil futures are at $60. 80. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. A MUST SEE CHART FOR THOSE IN THE AI TRADE, TRUMP XI MEETING ‘AMAZING’ Oct 30, 2025 To gain an edge, this is what you need to know today. AI Trade Inflection Point Please click here for a chart of Meta stock (META). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of META stock is being used to illustrate the point. The chart shows the drop in META stock on earnings. The Arora Report’s proprietary VUD indicator is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand. The chart shows the VUD indicator is orange, indicating net supply. Here are the key points from Meta’s earnings: Earnings ex-charge came at $7. 25 vs. $6. 72 consensus. Revenue came at $51. 2B vs. $49. 5B consensus. Operating margin came at 40% vs. 43% last year. R&D expenses rose 28% on hiring for an AI research unit. Meta raised guidance on AI spending for the third time in 2025. In a financing deal with an alternative investment manager, Meta moved the debt for its Hyperion data center off of its balance sheet as well as the capex off the cash flow statement. Investors should note that unlike Amazon (AMZN), Alphabet (GOOG, GOOGL), and Microsoft (MSFT), Meta’s data centers are not directly revenue generating; Meta’s data centers are for its own use. Meta plans to offer more AI to its users through its apps. All of the foregoing is excellent. Why did META stock drop? In The Arora Report analysis, META stock dropped because the company said capital expenditure growth will be notably higher in FY2026. Since The Arora Report became one of the first ones to make a high conviction call that AI was real in 2022, this is the first time that a company’s stock is dropping on higher capital spend in spite of excellent earnings to the extent shown above. To date, the trend has been the higher capital spend on AI, the higher the stock. META stock shows the trend has changed. When a trend changes, investors need to pay attention. Having said that, this is only one data point. The Arora Report will help you watch more data points and reach the right conclusions. President Trump called his meeting with China’s President Xi ‘amazing. ’ President Trump has cut tariffs on China. So far, details are absent. The lack of details is bringing in skepticism in a stock market that is priced for perfection. Yesterday’s chart in the Morning Capsule showed a move up in Nvidia stock on President Trump saying he would discuss Blackwell with President Xi. For the sake of full transparency, the chart is unchanged from yesterday. It turns out that President Trump discussed Nvidia products with President Xi, but not Blackwell. Investors should carefully watch how NVDA stock performs as the day progresses. Mag7 earnings continue today with Amazon (AMZN) and Apple (AAPL) reporting after the close. As we shared with you in the Afternoon Capsule, momo gurus have been wrong about what Fed Chair Powell could say. Momo gurus being wrong is nothing new. Momo gurus have become experts at coming up with new narratives to persuade the momo crowd to buy stocks. What is unusual is that so far, momo gurus have not come up with a new narrative after Fed Chair Powell’s press conference yesterday. This is bringing selling into the stock market in the early trade as the momo crowd needs a constant impetus to continue buying stocks. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Apple (AAPL) and Alphabet (GOOG). In the early trade, money flows are negative in Amazon (AMZN), Meta (META), Nvidia (NVDA), Microsoft (MSFT), and Tesla (TSLA). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6896 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 197 points. Gold futures are at $3973, silver futures are at $47. 57, and oil futures are at $59. 98. NVIDIA SHOCKS STOCK MARKET AND SHARES SOAR AS TRUMP FUELS HOPES OF CHINA BLACKWELL SALES, BUYING AHEAD OF FED Oct 29, 2025 To gain an edge, this is what you need to know today. Two Nvidia Shockers Please click here for a chart of Nvidia stock (NVDA). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point. The chart shows a big move up yesterday on a revenue shocker and flurry of deals from Nvidia. The chart shows another up move in NVDA stock driven by President Trump. Yesterday, revenue projections from Nvidia were a shocker. Here are the key points: Nvidia has visibility into more than $0. 5T in cumulative Blackwell and Rubin revenue through CY2026. The foregoing revenue visibility is more than five times Hopper’s lifetime revenue. These projections are significantly higher than not only the current consensus but also higher than the most optimistic estimates prior to yesterday. Nvidia CEO Jensen Huang spoke at the GTC DC conference yesterday, stunning the market with a flurry of partnership announcements including with: Eli Lilly (LLY) Palantir (PLTR) Hyundai (HYMLF) Samsung (SSNLF) Uber (UBER) Nvidia also announced a $1B investment in Nokia. This is not good news for networking equipment providers Ciena (CIEN) and Arista Networks (ANET). A signal was given in ZYX Short to short sell CIEN. Nvidia announced NVQLINK – this is Nvidia’s system to connect quantum computers with Nvidia based AI super computers. The technology is designed for hybrid quantum-classical computing. Quantum computing stocks such as IonQ (IONQ), Rigetti (RGTI), D-Wave Quantum (QBTS), and Quantum Computing (QUBT) staged a vicious technical reversal on the announcement even though some of these companies are part of Nvidia’s initiative. The drop was triggered by fears of more competition. Nvidia is long in the ZYX Buy Core Model Portfolio from $12. 55. NVDA is trading at $207. 62 as of this writing in the premarket, representing a gain of 1554%. As you may recall, The Arora Report was one of the first in 2022 to make a high conviction call that AI was real. As is often the case, members of The Arora Report have also been ahead of the curve in terms of the target on NVDA stock. The Arora Report was the first with a high target for NVDA stock. Now, other analysts are playing catch up. In The Arora Report analysis, if the trend continues, Nvidia’s market cap could reach $5T. A signal for a new trade around position in NVDA stock will be in ZYX Buy. A trade around position is a technique used by hedge funds and billionaires that can dramatically increase returns and reduce risks. Previously, the U. S. administration has not allowed Nvidia to export even chips with lesser capability than Blackwell to China on national security grounds. China wants to replace the U. S. as the world’s superpower. To a large degree, if China will succeed depends upon which country wins the artificial intelligence race. Blackwell is the most powerful Nvidia chip, and it will help China compete with the U. S. on AI. In a shocker, President Trump said he will talk to China’s President Xi about Blackwell chips. As we have been sharing with you all along, the momo crowd’s pattern is to buy ahead of the Fed decision. True to its pattern, the momo crowd aggressively bought stocks yesterday and is buying stocks in the early trade today. The FOMC will announce its interest rate decision today at 2pm ET and will be followed by Fed Chair Powell’s press conference at 2:30pm ET. Today is the busiest day for earnings. Companies with a total market cap of $11T are reporting earnings today. Most notable are earnings from Microsoft (MSFT), Meta (META), and Alphabet (GOOG, GOOGL), which will be reported after the regular session close. There is a lot of optimism about the meeting between President Trump and President Xi tomorrow. President Trump is floating the idea of cutting China tariffs. China purchased the first shipments of U. S. soybeans. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL), Alphabet (GOOG), and Meta (META). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd’s pattern is to buy gold ahead of the Fed rate announcement. True to its pattern, the momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6941 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 90 points. Gold futures are at $4039, silver futures are at $48. 38, and oil futures are at $60. 17. BIG U. S. NUCLEAR POWER DEAL, TECH CAPITAL WINS OVER HUMAN CAPITAL, POSITIVE ADP DATA Oct 28, 2025 To gain an edge, this is what you need to know today. Big Nuclear Deal Please click here for a chart of Cameco stock (CCJ). Note the following: A nuclear renaissance is happening. The Morning Capsule is about the big picture, not an individual stock. The chart of CCJ stock is being used to illustrate the point. The chart shows the jump up in CCJ stock on the news of a big U. S. nuclear power deal. Cameco is a Canadian uranium miner that owns part of Westinghouse along with Brookfield Renewable Partners (BEP). Westinghouse is one of two major manufacturers of conventional nuclear reactors in the U. S. The second major manufacturer is GE Vernova (GEV). The U. S. government has entered into a strategic partnership to deploy $80B of nuclear reactors in the U. S. using Westinghouse nuclear technology. NextEra Energy (NEE) has announced that it plans to restart the Duane Arnold Energy Center nuclear plant in Iowa. Google (GOOG, GOOGL) will be the purchaser of electricity generated by the plant. Brookfield Asset Management (BAM) has won the bid from Santee Cooper to finish two partially built nuclear reactors in South Carolina. BWX Technologies (BWXT) has announced a new nuclear steam generator contract with Rolls-Royce (RYCEY) to support smart modular reactors. We have been sharing with you that massive layoffs due to AI are coming. Amazon (AMZN) has opened the flood gates with a plan to cut up to 30K jobs, about 10% of its white collar workers. There are other factors, but this is primarily the result of aggressively rolling out AI. Now that Amazon has opened the flood gates, expect more companies to announce layoffs. Here is a question most investors have not asked as the stock market runs to new highs: What are the massive layoffs going to do to the U. S. economy? The U. S. economy is 70% consumer based. If people do not have jobs, they are not going to be buying houses, appliances, and cars or going out to restaurants. What will be the impact on earnings? As the stock market hits new highs, the U. S. national debt has crossed $38T. In the absence of data from the U. S. government, ADP has announced plans to release an employment report weekly. In the four weeks ending Oct. 11, 2025, there was an average increase of 14,250 jobs. This data runs counter to the prevailing wisdom. Will the data impact the Fed’s anticipated interest rate cut tomorrow? The answer is no because the Fed seems to have already decided to cut interest rates due to pressure from President Trump. The Fed is in the mode of making a decision first and then selecting data to support it. The FOMC meeting starts today. The Fed will announce its rate decision tomorrow at 2pm ET followed by a press conference by Fed Chair Powell at 2:30pm ET. Consumer confidence data is scheduled to be released at 10am ET and may be market moving. Five of the Magnificent Seven stocks will report earnings this week. Microsoft (MSFT) stock is jumping as it reaches a deal to hold about 27%, about $135B, of OpenAI, the maker of ChatGPT. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Amazon (AMZN) and Meta (META). In the early trade, money flows are negative in Apple (AAPL) and Alphabet (GOOG). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD)is range bound. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6916 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 248 points. Gold futures are at $3934, silver futures are at $46. 62, and oil futures are at $60. 50. BUYING ON CHINA EXUBERANCE BUT OVERSEAS MARKETS HAVE DONE BETTER THAN U. S. STOCK MARKET Oct 27, 2025 To gain an edge, this is what you need to know today. Overseas Markets Outperforming Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX) compared to South Korea ETF (EWY), Vietnam ETF (VNM), Mexico ETF (EWW), Hong Kong ETF (FXI), and Taiwan ETF (EWT). Note the following: The chart shows SPY has produced 16. 06% gain year to date, but overseas markets have done significantly better. South Korea ETF (EWY) has produced 79. 82% gain year to date. Vietnam ETF (VNM) has produced 57. 73% gain year to date. Mexico ETF (EWW) has produced 40. 01% gain year to date. Hong Kong ETF (FXI) has produced 32. 99% gain year to date. Taiwan ETF (EWT) has produced 27. 92% gain year to date. The chart shows the Arora buy signal on Korea, Vietnam, Taiwan, and Mexico near the April lows. The signal was given in ZYX Emerging. The chart illustrates the merit of looking beyond the U. S. borders and diversifying overseas. In The Arora Report analysis, this is more important than ever due to continuing attempts by the U. S. government to debase the dollar and use financial repression to keep the economy going. Investors need to remember the only free lunch in investing is proper diversification. One of the big edges The Arora Report has provided its members over the years is its unique diversification approach. The Arora Report method consists of an optimized, synergistic combination of the following: Diversification by strategies Diversification by timeframes Diversification by asset classes Diversification by sectors Diversification by geography This morning there is aggressive buying in the stock market on euphoria that is breaking out as the U. S. and China have agreed on a framework for the trade deal. President Trump and President Xi are meeting in South Korea on Thursday to finalize the deal. President Trump has signed trade deals with Thailand and Malaysia that include rare earth minerals. There is also speculation that after the trade deal is signed with China, China will start dumping rare earth minerals again. This is bringing in selling in rare earth stocks such as MP Materials (MP), USA Rare Earth (USAR), Critical Metals (CRML), American Resources (AREC), and Energy Fuels (UUUU). As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Argentina Trump ally Javier Milei won a decisive victory in the election. In the days leading up to the election, President Trump supported Milei’s government with a $20B currency swap and a promise of another $20B from sovereign wealth funds and banks. President Trump was explicit that U. S. support was contingent upon Milei winning the election. Milei’s election win is cementing the tilt in many parts of the world to the right. Milei describes himself as an anarcho-capitalist. On the international stage, the result of the election in Argentina is being seen as another big win for President Trump. Stocks in Argentina are rocketing. There will be a signal on Argentina ETF (ARGT) in ZYX Emerging. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Gold is seeing selling on the U. S. China trade deal. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying on euphoria over the U. S. China deal. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6882 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 233 points. Gold futures are at $4056, silver futures are at $47. 56, and oil futures are at $61. 53. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: GH By Nigam Arora 245% Gain Guardant Health (GH) is long from $26. 34. It is trading at $91. 02 as of this writing, representing a 245% gain. Buyout Target GH is a buyout target. Cancer Screening Guardant Health is using advanced blood-based liquid biopsy tests and large clinical data sets to transform how cancer is detected, monitored, and treated. The company’s core business includes its flagship Guardant360 liquid biopsy panel, Guardant Reveal for monitoring minimal residual disease, and early blood based cancer screening test Shield. Potential Headwinds Guardant Health is still working toward sustained profitability. It also faces competition from other diagnostics players and large pharma. Scaling depends on broader reimbursement and clinical adoption. Earnings GH stock jumped on strong earnings. Here are the details: Revenue came at $265. 2M vs. $235. 7M consensus. The company reported growth across the business. The company raised guidance for FY25 revenue to $965M - $970M from $915M - $925M. Zones GH is a volatile stock and trades in a wide range. Consider patiently waiting for a pullback. For those following the Good Way, the Buy Now rating is *** (To see the locked content, please take a 30 day free trial). For those following the Best Way, the buy zone is $*** - $***. The maximum recommended quantity is ***% - ***%. The mental stop zone is $*** - $***. This is a very long term position. Consider continuing to hold without a target. The stock has the potential to ultimately go over $500. What To Do Now Those in GH may consider continuing to hold. Those not in GH may consider following the parameters given above. Profiting From Buyouts Buyouts are a core wealth building strategy used by sophisticated investors such as billionaires and hedge funds. The Arora Report delivers this same approach to individual investors with notable success. Recent Arora Portfolio buyouts include: • Hologic (HOLX): 290% gain, acquired by Blackstone and TPG • Akero Therapeutics (AKRO): Premium acquisition by Novo Nordisk for $60 per share, • Electronic Arts (EA): 913% gain with a cash buyout offer of $210 per share To date, 216 Arora Portfolio companies have been bought out, providing large gains for members who routinely invest in buyout targets. This performance is better than the firms that charge $50,000 per year and provide buyout advice. With The Arora Report, you get so much more. Why This Matters Going Forward The ongoing wave of consolidation points to increasing opportunity for buyouts in: Biotechnology and life sciences Artificial intelligence and data infrastructure Lithium and critical minerals Space, defense, and high-tech manufacturing By being positioned early and following a disciplined process, investors may continue to benefit from upcoming M&A catalysts. Start Your Free 30-Day Trial — Profit From the Next Buyout New investors face uncertainty. Disciplined investors follow a proven framework. The Arora Report provides: Actionable signals in Real Time Feeds Buy zones that remove guesswork Strategies used by the most sophisticated investors Daily market guidance in the Morning Capsule To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: ALGN, BOOT, CMG, CP, CVNA, DVA, EBAY, ETD, GH, GOLD, GOOG, MARKETS, META, MGM, MSFT, NTGR, OIL, PI, PSA, SBUX, SILVER, SPX, SPY, TDOC, UDMY, WOLF By Nigam Arora Editor’s note: This post was published yesterday in The Arora Report paid feeds as an Afternoon Capsule. To gain an edge, this is what you need to know now. December Not A Done Deal Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows when the FOMC interest rate decision was announced. As expected, the Fed cut interest rates by 25 bps. The chart shows the initial negative stock market reaction to Fed Chair Powell’s press conference as Fed Chair Powell threw cold water on moro gurus’ narrative. Here are the key points from Fed Chair Powell: The stock market should not assume another interest rate cut is coming in December. The outlook has not changed much since September. The government shutdown’s impact on economic activity should reverse after it ends. Risks to inflation are to the upside, and risks to employment are to the downside. The Fed sees gradual cooling in the labor market, and it “gives some comfort. ” Disinflation on services is continuing. Inflation on goods is increasing due to tariffs. At this time, it is unclear if goods inflation is persistent or short lived. Aside from tariffs, inflation is not far from the 2% goal. Balance sheet runoff will all go to Treasuries. The Fed is slowly moving towards a shorter duration for its balance sheet. Powell does not think AI data center investments are interest rate sensitive. Investors should note, two voting FOMC members dissented: Miran voted for a 50 bps cut. Schmid voted for no rate cut. The VUD indicator is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand. The VUD indicator today is mixed. Potential After Hour Signals Signals may be given after hours based on the news that will be released after hours. The best trades often occur outside regular hours. The reason is that almost all earnings are outside regular hours. Buy signals will be in ZYX Buy. Short signals will be in ZYX Short. Here is the list: ALGN BOOT CMG CP CVNA DVA EBAY ETD GH GOOG META MGM MSFT NTGR PI PSA SBUX TDOC UDMY WOLF Money Flows The momo crowd money flows since the Morning Capsule are *** (To see the locked content, please take a 30 day free trial). Smart money flows since the Morning Capsule are ***. Short squeeze money flows are ***. A Special Note To New Members Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very, very short term trades, consider following the momo crowd and not smart money. Sentiment Sentiment is ***. Sentiment is a contrary indicator at extremes. In plain English, this means that when sentiment becomes extremely positive it is time to sell and when sentiment becomes extremely negative it is time to buy. Close There appear to be *** on close orders. There is merit to watching the pattern of market on close orders as they represent the day's dominant net cumulative activity by many professionals and funds. Gold The momo crowd money flows in gold are *** since the Morning Capsule. Smart money flows are *** in gold since the Morning Capsule. Oil The momo crowd money flows in oil are *** since the Morning Capsule. Smart money flows in oil are *** since the Morning Capsule. Buy Zones And Buy Now Ratings The upside momentum in the stock market is strong, and the sentiment is extremely positive. However, the stock market is overbought and priced for perfection. The market is now entering a strong seasonality period. Expect money managers to chase the market. The stock market depends, to a large degree, on what President Trump does, mega cap earnings that are ahead, the results of the Trump Xi meeting. Consider giving priority to tactical positions over strategic positions. Consider holding existing strategic positions. It is fine to add to strategic positions when they dip in the buy zone. Pay attention to individual posts if a position is marked as very long term, long term, or short term. If there is no mention of timeframe, the default is medium term. Please see Trade Management Guidelines to see definitions of timeframes. Nibbling Consider not nibbling at this time. Nibbling refers to buying very small quantities, often in existing long-term positions with the intention of exiting these additions in the short term. It is similar to trade around positions but without specific signals. The Afternoon Capsule is not published daily but only when conditions warrant it. The content below is unchanged and is to be used for reference as needed. Sophistication The character of the market has changed. Unfortunately, the last decade was an exception to the rule. Take a look at the chart of the US market for a 15 year period from 1967 - 1982 — the stock market made no progress. Many investors are spoiled due to the decade-long bull market. A large number of investors believe that all they have to do is to buy and hold forever. Investors who do not believe in buy and hold forever say it is very simple - be all in or be all out. Both beliefs are wrong. As the market turns volatile, many investors who do not understand the true nature of the market are jumping in with both feet without appreciating the risks, while other investors are getting whipsawed. Risk and reward are two sides to the coin. It is important to consider both. For your reference, we are pasting the following from your Getting A Running Start Guide, Everything should be made as simple as possible but not simpler. Albert Einstein Strategic Vs. Tactical All investors should consider bringing more sophistication to their investing and trading. It is important to clearly understand the difference between strategic and tactical calls. For your convenience, a prior post is pasted below. We welcome your comments and questions. The law does not allow us to answer them individually. However, when a large number of subscribers ask similar questions, a post is done – typically starting with Ask Arora. Strategy Strategy defines medium to long term plan to achieve the highest risk-adjusted returns. Here are some examples of strategic calls for illustration only. It is late cycle. Portfolios have to be organized for the late-cycle. Risks are much higher in the late-cycle compared to when a bull market is in an early stage. The world is awash in debt. The sovereign debt owed by governments and corporate debt owed by zombie corporations has dramatically increased. It is a bubble that is getting bigger waiting for a pin to prick it. Valuations are expensive. Fed policy is shifting. Earnings are rising. Tactics Tactics are small adjustments within the strategy to further enhance risk-adjusted returns. Here are some examples of tactical calls. Weak hands temporarily washed out. Overbought condition temporarily relieved. Sentiment backing off from almost extreme bullish levels. If You Could Pick Only One We recognize that all investors have individual preferences. If you could pick only one, consider focusing on the strategy. Never focus only on tactics at the expense of strategy. Cash And Hedges We provide a range for cash and hedges. Most investors would be in the middle of the ranges. As such, they would not need to make any change. When a change is given only at the edges of the ranges, only the most active investors need to make a change. Arora's 12th Law Arora's 12th Law is applicable here: To be successful at investing and trading, flow with the new data, and stay nimble. Bullet Proof Your Portfolio And Increase Your Returns We consistently see that private investors, money managers, and investment advisors who have attended the Bullet Proof Your Portfolio and Increase Your Returns seminar do significantly better compared to those who have not attended the seminar. Here are the four main reasons why this consistently happens to investors who attend the seminar: They start understanding the true nature of the markets. Develop a better framework to handle the true nature of the market. Tend to act with more conviction and with more comfort. Tend to develop better control over their emotions. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published yesterday on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: ANET, BTCUSD, CIEN, GOLD, GOOG, GOOGL, HYMLF, IONQ, LLY, MARKETS, META, MSFT, NOK, NVDA, OIL, PLTR, QBTS, QQQ, QUBT, RGTI, SILVER, SPY, SSNLF, UBER By Nigam Arora To gain an edge, this is what you need to know today. Two Nvidia Shockers Please click here for a chart of Nvidia stock (NVDA). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point. The chart shows a big move up yesterday on a revenue shocker and flurry of deals from Nvidia. The chart shows another up move in NVDA stock driven by President Trump. Yesterday, revenue projections from Nvidia were a shocker. Here are the key points: Nvidia has visibility into more than $0. 5T in cumulative Blackwell and Rubin revenue through CY2026. The foregoing revenue visibility is more than five times Hopper’s lifetime revenue. These projections are significantly higher than not only the current consensus but also higher than the most optimistic estimates prior to yesterday. Nvidia CEO Jensen Huang spoke at the GTC DC conference yesterday, stunning the market with a flurry of partnership announcements including with: Eli Lilly (LLY) Palantir (PLTR) Hyundai (HYMLF) Samsung (SSNLF) Uber (UBER) Nvidia also announced a $1B investment in Nokia. This is not good news for networking equipment providers Ciena (CIEN) and Arista Networks (ANET). Nvidia announced NVQLINK – this is Nvidia’s system to connect quantum computers with Nvidia based AI super computers. The technology is designed for hybrid quantum-classical computing. Quantum computing stocks such as IonQ (IONQ), Rigetti (RGTI), D-Wave Quantum (QBTS), and Quantum Computing (QUBT) staged a vicious technical reversal on the announcement even though some of these companies are part of Nvidia’s initiative. The drop was triggered by fears of more competition. Nvidia is long in the ZYX Buy Core Model Portfolio from $12. 55. NVDA is trading at $207. 62 as of this writing in the premarket, representing a gain of 1554%. As you may recall, The Arora Report was one of the first in 2022 to make a high conviction call that AI was real. As is often the case, members of The Arora Report have also been ahead of the curve in terms of the target on NVDA stock. The Arora Report was the first with a high target for NVDA stock. Now, other analysts are playing catch up. In The Arora Report analysis, if the trend continues, Nvidia’s market cap could reach $5T. A signal for a new trade around position in NVDA stock will be in ZYX Buy. A trade around position is a technique used by hedge funds and billionaires that can dramatically increase returns and reduce risks. Previously, the U. S. administration has not allowed Nvidia to export even chips with lesser capability than Blackwell to China on national security grounds. China wants to replace the U. S. as the world’s superpower. To a large degree, if China will succeed depends upon which country wins the artificial intelligence race. Blackwell is the most powerful Nvidia chip, and it will help China compete with the U. S. on AI. In a shocker, President Trump said he will talk to China’s President Xi about Blackwell chips. As we have been sharing with you all along, the momo crowd’s pattern is to buy ahead of the Fed decision. True to its pattern, the momo crowd aggressively bought stocks yesterday and is buying stocks in the early trade today. The FOMC will announce its interest rate decision today at 2pm ET and will be followed by Fed Chair Powell’s press conference at 2:30pm ET. Today is the busiest day for earnings. Companies with a total market cap of $11T are reporting earnings today. Most notable are earnings from Microsoft (MSFT), Meta (META), and Alphabet (GOOG, GOOGL), which will be reported after the regular session close. There is a lot of optimism about the meeting between President Trump and President Xi tomorrow. President Trump is floating the idea of cutting China tariffs. China purchased the first shipments of U. S. soybeans. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL), Alphabet (GOOG), and Meta (META). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd’s pattern is to buy gold ahead of the Fed rate announcement. True to its pattern, the momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6941 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 90 points. Gold futures are at $4039, silver futures are at $48. 38, and oil futures are at $60. 17. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: EPI, GLIN, SMIN By Nigam Arora Editor's note: This signal was published on October 23, 2025, in ZYX Emerging Alert for paid members. Russian Oil Please start out by reading the Morning Capsule published on October 23rd. Here are the key points: India imports 38% of Russia's oil. India is reportedly getting a 15% - 25% discount over the market price. If India is not able to import oil from Russia, this is negative for India. If India stops importing oil from Russia, the 50% tariffs will likely be lifted. This is positive for India. Very Long Term For the very long term, India continues to be one of the best opportunities for investors. Three ETFs There are three India ETFs in the portfolio. Zones And Ratings For EPI EPI has a value orientation driven by companies with consistent earnings growth. The short term rating is *** (To see the locked content, please take a 30 day free trial). The medium term rating is ***. The long term rating is ***. The buy zone is $*** - $***. Zones And Ratings For SMIN SMIN represents small caps in India. Small caps are one of the better opportunities in India. The short term rating is ***. The medium term rating is ***. The long term rating is ***. The buy zone is $*** - $***. Zones And Ratings For GLIN GLIN represents the growth of internet related companies in India. The short term rating is ***. The medium term rating is ***. The long term rating is ***. The buy zone is $*** - $***. What To Do Now Those in India ETFs may consider continuing to hold. Those not in India ETFs may consider following the parameters above. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was published on October 23rd in ZYX Emerging Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AKRO, EA, HOLX, NVS, RNA By Nigam Arora 215 Buyouts — A New Record of Success for Arora Members Avidity Biosciences (RNA) has received a buyout offer from Novartis (NVS) for approximately $12B. RNA is the 215th Arora Portfolio company to be bought out. This milestone demonstrates the strength of The Arora Report’s approach. Neuromuscular Diseases Avidity Biosciences is developing RNA-targeted therapies using its antibody-oligonucleotide conjugate platform to address serious neuromuscular diseases, including Duchenne muscular dystrophy, myotonic dystrophy type 1, and facioscapulohumeral muscular dystrophy. Buyout Details RNA is long from $42. The buyout offer is for $72 per share in cash, roughly a 46% premium to the closing price on Friday. The buyout price represents a 71% gain for members. This success highlights the power of identifying buyout targets early. The deal is expected to close in the first half of 2026 and includes a spin out of Avidity’s early stage cardiology programs into a separate entity. Billionaire And Hedge Fund Technique — Now Accessible To You Buyouts are a core wealth building strategy used by sophisticated investors such as billionaires and hedge funds. The Arora Report delivers this same approach to individual investors with notable success. Recent Arora Portfolio buyouts include: • Hologic (HOLX): 290% gain, acquired by Blackstone and TPG • Akero Therapeutics (AKRO): Premium acquisition by Novo Nordisk for $60 per share, • Electronic Arts (EA): 913% gain with a cash buyout offer of $210 per share The Arora Report’s record is better than firms charging upwards of $50,000 per year for buyout advice. With The Arora Report, you get so much more. The results speak for themselves — substantial buyout returns delivered across changing market environments. What To Do Now RNA is trading at $70. 05 as of this writing. Consider taking profits and exiting. Why This Matters Going Forward The ongoing wave of consolidation points to increasing opportunity for buyouts in: Biotechnology and life sciences Artificial intelligence and data infrastructure Lithium and critical minerals Space, defense, and high-tech manufacturing By being positioned early and following a disciplined process, investors may continue to benefit from upcoming M&A catalysts. The RNA acquisition is a clear example of the potential ahead. Start Your Free 30-Day Trial — Profit From the Next Buyout New investors face uncertainty. Disciplined investors follow a proven framework. The Arora Report provides: Actionable signals in Real Time Feeds Buy zones that remove guesswork Strategies used by the most sophisticated investors Daily market guidance in the Morning Capsule Please click here to take advantage of a FREE 30 day trial. Not ready to start your Free 30-Day Trial? The Arora Report provides you unrivaled insights to capture opportunities from across the globe — now you can get a taste for FREE — FREE forever. Email SUBMIT Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AAL, ARRNF, ASTS, BTCUSD, BYND, CCL, CL_F, CRML, CRWV, DAL, DIA, DJIA, DNUT, FLWS, GDX, GLD, GM, GOLD, IBM, IONQ, IREN, JPM, LAC, LYSCF, MARKETS, MP, NBIS, nflx, NNE, OIL, OKLO, QBTS, QQQ, QUBT, RCL, RGTI, SILVER, SLV, SMR, SPX, SPY, TBF, TBT, TMC, TSLA, UAL, USAR, USO By Nigam Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' DEPLOY CASH – COOLER CPI PROVIDES FUEL FOR STOCK MARKET TO MOVE TO THE MAGNET BUT RISKS REMAIN Oct 24, 2025 To gain an edge, this is what you need to know today. Deploy Cash The adaptive ZYX Asset Allocation Model with inputs in ten categories has given a signal to deploy cash. The trigger for this move is cooler than expected Consumer Price Index (CPI). In the Arora Protection Band, cash is being reduced by 3%. Please see the Arora Protection Band And What To Do Now section below. Cooler CPI Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows buying in the stock market after the release of CPI data. The chart shows that during the recent pullback the stock market did not even touch the top band of zone 1 (support) before bouncing. This indicates a stock market that wants to go higher. The chart shows the magnet for stock market traders. After cooler than expected CPI data, the probability of a move to the magnet has increased. Here are the details: Headline CPI came at 0. 3% vs. 0. 4% consensus. Core CPI came at 0. 2% vs. 0. 3% consensus. In The Arora Report analysis, here are the probabilities of future rate cuts after CPI data: 99% in October 90% in December President Trump is traveling to the APEC Summit in Korea. He is expected to meet with China's President Xi on Thursday next week. President Trump is optimistic about reaching a deal with China. In addition to the overall trade, of special interest are soybeans and rare earth minerals. President Trump is expected to sign trade deals with 12 companies. University of Michigan Consumer Sentiment will be released at 10am ET. The FOMC meeting will start on Tuesday next week. The rate decision will be announced on Wednesday. In The Arora Report analysis, here are the bullish factors investors should be looking at: The pattern of the momo crowd is to buy ahead of the Fed rate decision. The probability is high that the pattern will repeat. Expect President Trump to continue making positive statements about the upcoming meeting with President Xi. President Trump has an incentive to spin the results of the meeting with President Xi as positive even if China stands firm. The momo crowd may try to front run the Trump Xi meeting. Blind money will flow into the stock market on the first two days of November. If the stock market starts moving higher, expect year end chase by money managers. It is important for investors to think both in strategic and tactical terms. All of the foregoing positives are tactical in nature. From a strategic point of view, substantial risks remain. These risks include the following: The Fed’s inflation target is 2%. 3% is significantly higher than 2%. Inflation can easily resurge. Valuations are very high. At some point, there will be over investment in AI. China is not going to give up its quest to replace the U. S. as the world’s superpower. In substance, any agreement with China that is cast as positive is likely, in reality, to be hollow. There is no solution in sight to $1. 8T in budget deficit and $38T in national debt. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Apple (AAPL). In the early trade, money flows are negative in Tesla (TSLA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil President Trump plans to open coastal waters for offshore oil drilling. The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin JPMorgan (JPM) is going to accept Bitcoin (BTC. USD) and Ether as collateral from institutional clients. Bitcoin is seeing buying. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6813 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 193 points. Gold futures are at $4092, silver futures are at $47. 90, and oil futures are at $61. 78. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. NEW RUSSIA SANCTIONS TRIGGER A BUY SIGNAL ON OIL AND GIVE GOLD SECOND WIND, GOVERNMENT MAY BACK QUANTUM COMPUTING Oct 23, 2025 To gain an edge, this is what you need to know today. New Oil Sanctions Please click here for a chart of oil futures (CL_F). Note the following: The chart shows a strong move up in oil. The chart shows when an Arora buy signal was given in anticipation of new sanctions on Russia oil. In The Arora Report analysis, at this time, stocks, long duration bonds, gold, and bitcoin are very expensive. Oil is the only major asset that is cheap. The chart shows when new Russian oil sanctions were announced. The VUD indicator is a proprietary Arora Report indicator that is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand. The chart shows the VUD indicator has mostly been green, indicating net demand for oil. Here are the key points about the sanctions on Russian oil: The new sanctions are on two Russian giants Lukoil and Rosneft and their subsidiaries. The sanctions bar companies and countries from doing business with Lukoil and Rosneft. To understand the sanctions, think of a Chinese or Indian company that tries to buy oil from Russia getting hit with U. S. sanctions. The U. S. is able to enforce these sanctions because the dollar is the reserve currency, and any bank that facilitates any transaction with Russian oil can be sanctioned. In the world of investments, nothing is straightforward. On one hand, oil is cheap and in theory, the sanctions on Russia should reduce the supply of oil and thereby increase the price of oil. On the other hand, investors need to be mindful of the following: India and China have been the two major buyers of Russian oil. Now that Russia cannot easily sell oil to India and China, Russian oil may be sold in the black market at a steep discount. Depending upon how much the black market develops, oil prices could drop instead of rising. President Trump is imposing sanctions on Russian oil to force Russia’s President Putin to strike a peace deal with Ukraine. Russia needs money to keep its war machine going. Oil exports are the major source of money that supports Russia’s military industrial complex. President Putin could give in, and in such an event, oil prices could collapse. For the foregoing reasons, it is important for investors to keep the risk control measures in place given in the post on the oil buy signal. In The Arora Report analysis, at this time when the stock market is excited about the Fed cutting interest rates, prudent investors should be thinking about the impact of higher oil prices. Higher oil prices can cause an uptick in inflation and thereby make it more difficult for the Fed to cut interest rates. This is especially important because the stock market has already counted the chickens before they have hatched. Rising oil prices is also a negative for airlines such as American Airlines (AAL), United Airlines (UAL), and Delta Air Lines (DAL) as well as for cruise lines such as Carnival (CCL) and Royal Caribbean Cruises (RCL). Quantum computing companies are working for the government to potentially take a stake. Initially in overnight trading, quantum computing stocks such as IonQ (IONQ), Rigetti (RGTI), Quantum Computing (QUBT), and D-Wave Quantum (QBTS) experienced major up spikes. However, as of this writing in the premarket, more than half of the gains have evaporated for the following reasons: The investment from the government is likely to be small such as $10M in each company. There is a report the Secretary of Commerce is saying that no active discussions are taking place at the highest level. We previously shared with you the blow-off top signal on gold. In The Arora Report analysis, gold was well on its way to a significant pullback when the news of Russia oil sanctions hit. Russian oil sanctions are giving the gold rally a second wind. It is important to remind you of The Arora Report analysis that the seeds of the current gold rally go back to when the U. S. sanctioned Russia after Russia attacked Ukraine. Those sanctions prompted countries such as Turkey, China, and India to start buying more gold to reduce their dollar holdings. We previously shared with you another meme resurgence in Beyond Meat (BYND), 1-800-Flowers. com (FLWS), and Krispy Kreme (DNUT). To the dismay of the meme crowd, at least temporarily, the meme rally has collapsed. Tesla (TSLA) earnings impact the stock market sentiment. Higher expenses overshadowed record revenue, causing Tesla to come below consensus and whisper numbers. However, sentiment is being cushioned by more visibility of Tesla about to embark on volume production of Optimus robots. Overall, according to the proprietary Arora Report sentiment indicator, the sentiment is remaining in the extreme positive zone. In addition to the overall sentiment, investors should pay attention to the momo crowd sentiment because momo crowd sentiment is responsible, in large part, for the latest run up in the stock market, including space stocks such as AST SpaceMobile (ASTS), nuclear stocks such as Oklo (OKLO), NANO Nuclear Energy (NNE), and NuScale Power (SMR), data center stocks such as CoreWeave (CRWV), IREN (IREN), and Nebius (NBIS), and critical mineral stocks such as MP Materials (MP), Critical Metals (CRML), USA Rare Earth (USAR), TMC The Metals Company (TMC), and Lithium Americas (LAC). Yesterday morning we wrote: After the sentiment among the momo crowd being extremely positive for a long time, the momo crowd sentiment has swung to negative quickly in the matter of a couple of days. The momo crowd sentiment took another hit yesterday as losses mounted in their favorite stocks. However, today, momo crowd sentiment may pick up on the prospect of the government taking a stake in quantum computing stocks. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), and Microsoft (MSFT). In the early trade, money flows are neutral in Apple (AAPL) and Meta (META). In the early trade, money flows are negative in Nvidia (NVDA) and TSLA. In the early trade, money flows are neutral in S&P 500 ETF (SPY) and negative in Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6733 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 80 points. Gold futures are at $4145, silver futures are at $48. 83, and oil futures are at $61. 94. ARORA BLOW-OFF TOP SIGNAL IN GOLD FORETOLD THE WORST DROP IN YEARS, NETFLIX DISAPPOINTS BUT OPTIMISM ABOUT TESLA EARNINGS AHEAD Oct 22, 2025 To gain an edge, this is what you need to know today. Gold Blow-Off Top Please click here for a chart of gold ETF (GLD). Note the following: The chart shows the Arora signal to take partial profits on gold. The Arora Report has been bullish on gold from the cycle low near $1000. The Arora Report has been advocating 5% - 8% allocation to gold. The chart shows when the Arora blow-off top signal was first given. The Arora blow-off top signal was subsequently repeated. The chart shows that since the Arora blow-off top signal, gold has experienced the worst sell off in 12 years. Prior to the blow-off top, gold ETF (GLD) saw the highest option activity on record. A large portion of the buying in gold after it crossed $4000 is coming from the meme crowd. All of a sudden, a large number of meme gurus have appeared claiming to be experts in gold. In a sign of the times, the meme crowd is more than happy to wager its hard earned dollars on the advice of newly minted gold meme gurus. Long time members know The Arora Report has a long, unparalleled record of calling both strategic and tactical moves in gold and silver. Will the Arora algorithms be right again this time? Start with Arora’s Second Law of Investing and Trading, which states, “Nobody knows with certainty, what is going to happen next in the markets. ” This time, there is a new element of extremely aggressive meme crowd call buying. This call buying created a gamma squeeze. For next level information on gamma squeezes, listen to the podcast in Arora Ambassador Club. At The Arora Report, we are now modeling this meme crowd behavior and incorporating it in our gold model. Investors need to differentiate between strategic and tactical signals. The Arora blow-off top signal was a tactical signal to take partial profits. The Trade Management Guidelines detail how to appropriately take partial profits. The strategic signal remains unchanged that the next target for gold is $6000 and gold has a path to $10K. Investors are eagerly awaiting inflation data tomorrow. So far, earnings this season are coming out better than the consensus but inline with whisper numbers. In the long run, earnings are the single best determinant of where the stock market goes. Among important earnings, Netflix (NFLX) earnings were disappointing. Investors are eagerly awaiting Tesla (TSLA) and IBM (IBM) earnings after the close. Tesla earnings will have a notable impact on the sentiment in the entire market. After the sentiment among the momo crowd being extremely positive for a long time, the momo crowd sentiment has swung to negative quickly in the matter of a couple of days. The reason is many momo accounts have been buying larger and larger quantities of call options in speculative stocks. In a matter of days, many such accounts are now decimated. As of this writing, the following illustrates the point: Space stock AST SpaceMobile (ASTS) stock has fallen 30. 3% from its high. Nuclear stock Oklo (OKLO) is down 30. 9% from its high. Data center stock IREN (IREN) has fallen 28. 0% from its high. Quantum computing stock Rigetti (RGTI) is down 33. 3% from its high. All investors should pay attention to sentiment, especially momo crowd sentiment. . The momo crowd sentiment has played a huge role in the rise of the stock market since the April Liberation Day low. Even though momo crowd sentiment has swung negative over the last couple of days, according to proprietary Arora Report indicators, overall sentiment remains in the extreme positive zone. It is worth repeating that the time to aggressively buy is when sentiment is extremely negative, and the time to hedge is when sentiment is extremely positive. Note that sentiment is not a precise timing tool. Extreme positive sentiment can sustain for months or longer. Prior to the 2000 dot com crash, extreme positive sentiment sustained for over two years. Sentiment among the meme crowd is exuberant this morning as they run up Beyond Meat (BYND), 1-800-Flowers. com (FLWS), and Krispy Kreme (DNUT) with their own extremely aggressive buying. Adding to the buying is a short squeeze. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Alphabet (GOOG) and Microsoft (MSFT). In the early trade, money flows are neutral in Nvidia (NVDA) and Tesla (TSLA). In the early trade, money flows are negative in Amazon (AMZN), Meta (META), and Apple (AAPL). In the early trade, money flows are neutral in S&P 500 ETF (SPY) and negative in Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** in stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil Buying is coming in in oil on the prospect of India reducing or stopping its purchase of Russian oil to get in President Trump’s good graces. India buys 38% of Russia’s oil. API crude inventories came at a draw of 2. 98M barrels vs. a consensus of a build of 3. 524M barrels. The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6779 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 25 points. Gold futures are at $4051, silver futures are at $47. 68, and oil futures are at $58. 39. SMART MONEY SELLS QUANTUM, NUCLEAR, AND SPACE STOCKS AS INVESTORS AWAIT EARNINGS AND INFLATION DATA Oct 21, 2025 To gain an edge, this is what you need to know today. Smart Money Selling Momo Crowd Favorites Please click here for a chart of Rigetti stock (RGTI). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of RGTI stock is being used to illustrate the point. The chart shows the Arora buy zone for quantum computing stock RGTI. The chart shows relentless buying by the momo crowd. The chart shows smart money is beginning to sell RGTI stock. It is not just RGTI. The momo crowd has been relentlessly buying other quantum computing stocks such as IonQ (IONQ), D-Wave Quantum (QBTS), and Quantum Computing (QUBT), nuclear stocks such as Oklo (OKLO) and NANO Nuclear Energy (NNE), and space stocks such as AST SpaceMobile (ASTS). Selling is also being seen in the momo crowd’s favorite data center stocks such as CoreWeave (CRWV), Nebius (NBIS), and IREN (IREN). Smart money selling is being seen in all of the speculative stocks as well as other stocks that are favorites of the momo crowd. In The Arora Report analysis, there is significant potential in quantum computing, space, and nuclear stocks. It is just that in the near term the momo crowd has taken these stocks far beyond what they are worth. These stocks are the poster children of several excesses that have happened in this bull market. Yesterday saw aggressive buying in rare earth mineral stocks as President Trump struck a deal with Australia on rare earth minerals. Rare earth mineral stocks in Australia soared. Two Australian rare earth mineral stocks that trade in the U. S. are Lynas Rare Earths (LYSCF) and American Rare Earths (ARRNF). This morning, the U. S. based rare earth mineral stocks such as MP Materials (MP), USA Rare Earth (USAR) and Critical Metals (CRML) are seeing selling on the prospect of competition from Australia. About 20% of S&P 500 companies report earnings this week. This morning started out with very strong earnings from General Motors (GM). Investors are eagerly awaiting inflation data which will be released on October 24. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Japan Money is flowing into Japanese stocks as Japan tilts to the right and Sanae Takaichi becomes the first female prime minister. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Meta (META), and Nvidia (NVDA). In the early trade, money flows are neutral in Microsoft (MSFT). In the early trade, money flows are negative in Apple (AAPL), Alphabet (GOOG), and Tesla (TSLA). In the early trade, money flows are neutral in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** gold in the early trade. For longer-term, please see gold and silver ratings. Oil Oil is seeing buying on the prospect of peace between Russia and Ukraine. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6771 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 19 points. Gold futures are at $4214, silver futures are at $48. 90, and oil futures are at $57. 29. GOLD’S PATH TO $10K BUT BLOW-OFF TOP FIRST, STOCK BUYING ON OPTIMISM THAT TRUMP WILL CUT A CHINA DEAL Oct 20, 2025 To gain an edge, this is what you need to know today. Gold’s Path To $10K Please click here for a chart of gold ETF (GLD). Note the following: The chart shows the rapid rise in gold as gold now becomes a meme trade. The pattern shown on the chart is one of the many factors that, according to the algorithms at The Arora Report, show a high probability of a blow-off top in the short term. The Arora Report has an 18 year track record of very accurate calls on gold. The plan is to add to the gold position if and when there is a substantial pullback. The Arora Report members have large profits on gold as The Arora Report has been bullish on gold for the long term from close to the bottom of this cycle near $1000. The next Arora Report target for gold is $6000. Prudent investors should know that gold has a path to $10K if the present policies of dollar debasement and financial repression continue. There is nothing on the short term horizon that present policies will change. Due to the importance of dollar debasement, and the impact on gold, for those seeking next level knowledge, a new podcast titled “Dollar Debasement – A Path To $10K For Gold” will be available soon in Arora Ambassador Club. To get on the waitlist to join Arora Ambassador Club, please click here and fill out the form. The stock market is seeing aggressive buying this morning on optimism that President Trump will cut a deal with China this month, ahead of the end of the tariff hike extension. The optimism is leading to the momo crowd buying in rare earth mineral stocks. MP Materials (MP), USA Rare Earth (USAR), and Critical Metals (CRML) are in the Arora Portfolio. However, buying here does not make sense. If President Trump cuts a rare earth deal with China, it will increase supply of rare earth minerals to the U. S. and rare earth mineral stocks will fall. In addition to rare earth mineral stocks, aggressive buying is coming from the momo crowd focused on quantum computing stocks Rigetti (RGTI), IonQ (IONQ), and D-Wave Quantum (QBTS) as well as space stocks Rocket Lab (RKLB) and AST SpaceMobile (ASTS). eVTOL stocks Archer Aviation (ACHR) and Joby Aviation (JOBY) are also seeing buying as ACHR signed an agreement to potentially sell 100 Midnight aircraft to Korean Air. Consumer Price Index (CPI) is expected to be released on Friday. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. China The latest economic data from China is strong. The data gives leverage to China in trade negotiations with the U. S. Here are the details: Q3 GDP came at 1. 1% quarter-over-quarter vs. 0. 8% consensus. Industrial production came at 6. 5% year-over-year vs. 5. 0% consensus. Japan There is agreement in Japan to form a coalition government with Sanae Takaichi as the new prime minister. Nikkei 225 rose over 3%. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are neutral in Microsoft (MSFT). In the early trade, money flows are negative in Nvidia (NVDA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil There are aggressive money outflows from oil ETF (USO). The money flows in USO are also impacted by the rumors that India is cutting its purchase of Russian oil under pressure from President Trump. Until now, India has been buying 38% of Russian oil exports. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6731 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 162 points. Gold futures are at $4335, silver futures are at $51. 36, and oil futures are at $56. 62. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, GOLD, JPM, MARKETS, OIL, QQQ, SILVER, SPX, SPY By Nigam Arora To gain an edge, this is what you need to know today. Deploy Cash The adaptive ZYX Asset Allocation Model with inputs in ten categories has given a signal to deploy cash. The trigger for this move is cooler than expected Consumer Price Index (CPI). In the Arora Protection Band, cash is being reduced by 3%. Please see the Arora Protection Band And What To Do Now section below. Cooler CPI Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows buying in the stock market after the release of CPI data. The chart shows that during the recent pullback the stock market did not even touch the top band of zone 1 (support) before bouncing. This indicates a stock market that wants to go higher. The chart shows the magnet for stock market traders. After cooler than expected CPI data, the probability of a move to the magnet has increased. Here are the details: Headline CPI came at 0. 3% vs. 0. 4% consensus. Core CPI came at 0. 2% vs. 0. 3% consensus. In The Arora Report analysis, here are the probabilities of future rate cuts after CPI data: 99% in October 90% in December President Trump is traveling to the APEC Summit in Korea. He is expected to meet with China's President Xi on Thursday next week. President Trump is optimistic about reaching a deal with China. In addition to the overall trade, of special interest are soybeans and rare earth minerals. President Trump is expected to sign trade deals with 12 companies. University of Michigan Consumer Sentiment will be released at 10am ET. The FOMC meeting will start on Tuesday next week. The rate decision will be announced on Wednesday. In The Arora Report analysis, here are the bullish factors investors should be looking at: The pattern of the momo crowd is to buy ahead of the Fed rate decision. The probability is high that the pattern will repeat. Expect President Trump to continue making positive statements about the upcoming meeting with President Xi. President Trump has an incentive to spin the results of the meeting with President Xi as positive even if China stands firm. The momo crowd may try to front run the Trump Xi meeting. Blind money will flow into the stock market on the first two days of November. If the stock market starts moving higher, expect year end chase by money managers. It is important for investors to think both in strategic and tactical terms. All of the foregoing positives are tactical in nature. From a strategic point of view, substantial risks remain. These risks include the following: The Fed’s inflation target is 2%. 3% is significantly higher than 2%. Inflation can easily resurge. Valuations are very high. At some point, there will be over investment in AI. China is not going to give up its quest to replace the U. S. as the world’s superpower. In substance, any agreement with China that is cast as positive is likely, in reality, to be hollow. There is no solution in sight to $1. 8T in budget deficit and $38T in national debt. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Apple (AAPL). In the early trade, money flows are negative in Tesla (TSLA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil President Trump plans to open coastal waters for offshore oil drilling. The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin JPMorgan (JPM) is going to accept Bitcoin (BTC. USD) and Ether as collateral from institutional clients. Bitcoin is seeing buying. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6813 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 193 points. Gold futures are at $4092, silver futures are at $47. 90, and oil futures are at $61. 78. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AAL, ASTS, BTCUSD, BYND, CCL, CL_F, CRML, CRWV, DAL, DNUT, FLWS, GOLD, IONQ, IREN, LAC, MARKETS, MP, NBIS, NNE, OIL, OKLO, QBTS, QQQ, QUBT, RCL, RGTI, SILVER, SMR, SPY, TMC, TSLA, UAL, USAR, USO By Nigam Arora To gain an edge, this is what you need to know today. New Oil Sanctions Please click here for a chart of oil futures (CL_F). Note the following: The chart shows a strong move up in oil. The chart shows when an Arora buy signal was given in anticipation of new sanctions on Russia oil. In The Arora Report analysis, at this time, stocks, long duration bonds, gold, and bitcoin are very expensive. Oil is the only major asset that is cheap. The chart shows when new Russian oil sanctions were announced. The VUD indicator is a proprietary Arora Report indicator that is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand. The chart shows the VUD indicator has mostly been green, indicating net demand for oil. Here are the key points about the sanctions on Russian oil: The new sanctions are on two Russian giants Lukoil and Rosneft and their subsidiaries. The sanctions bar companies and countries from doing business with Lukoil and Rosneft. To understand the sanctions, think of a Chinese or Indian company that tries to buy oil from Russia getting hit with U. S. sanctions. The U. S. is able to enforce these sanctions because the dollar is the reserve currency, and any bank that facilitates any transaction with Russian oil can be sanctioned. In the world of investments, nothing is straightforward. On one hand, oil is cheap and in theory, the sanctions on Russia should reduce the supply of oil and thereby increase the price of oil. On the other hand, investors need to be mindful of the following: India and China have been the two major buyers of Russian oil. Now that Russia cannot easily sell oil to India and China, Russian oil may be sold in the black market at a steep discount. Depending upon how much the black market develops, oil prices could drop instead of rising. President Trump is imposing sanctions on Russian oil to force Russia’s President Putin to strike a peace deal with Ukraine. Russia needs money to keep its war machine going. Oil exports are the major source of money that supports Russia’s military industrial complex. President Putin could give in, and in such an event, oil prices could collapse. For the foregoing reasons, it is important for investors to keep the risk control measures in place given in the post on the oil buy signal. In The Arora Report analysis, at this time when the stock market is excited about the Fed cutting interest rates, prudent investors should be thinking about the impact of higher oil prices. Higher oil prices can cause an uptick in inflation and thereby make it more difficult for the Fed to cut interest rates. This is especially important because the stock market has already counted the chickens before they have hatched. Rising oil prices is also a negative for airlines such as American Airlines (AAL), United Airlines (UAL), and Delta Air Lines (DAL) as well as for cruise lines such as Carnival (CCL) and Royal Caribbean Cruises (RCL). Quantum computing companies are working for the government to potentially take a stake. Initially in overnight trading, quantum computing stocks such as IonQ (IONQ), Rigetti (RGTI), Quantum Computing (QUBT), and D-Wave Quantum (QBTS) experienced major up spikes. However, as of this writing in the premarket, more than half of the gains have evaporated for the following reasons: The investment from the government is likely to be small such as $10M in each company. There is a report the Secretary of Commerce is saying that no active discussions are taking place at the highest level. We previously shared with you the blow-off top signal on gold. In The Arora Report analysis, gold was well on its way to a significant pullback when the news of Russia oil sanctions hit. Russian oil sanctions are giving the gold rally a second wind. It is important to remind you of The Arora Report analysis that the seeds of the current gold rally go back to when the U. S. sanctioned Russia after Russia attacked Ukraine. Those sanctions prompted countries such as Turkey, China, and India to start buying more gold to reduce their dollar holdings. We previously shared with you another meme resurgence in Beyond Meat (BYND), 1-800-Flowers. com (FLWS), and Krispy Kreme (DNUT). To the dismay of the meme crowd, at least temporarily, the meme rally has collapsed. Tesla (TSLA) earnings impact the stock market sentiment. Higher expenses overshadowed record revenue, causing Tesla to come below consensus and whisper numbers. However, sentiment is being cushioned by more visibility of Tesla about to embark on volume production of Optimus robots. Overall, according to the proprietary Arora Report sentiment indicator, the sentiment is remaining in the extreme positive zone. In addition to the overall sentiment, investors should pay attention to the momo crowd sentiment because momo crowd sentiment is responsible, in large part, for the latest run up in the stock market, including space stocks such as AST SpaceMobile (ASTS), nuclear stocks such as Oklo (OKLO), NANO Nuclear Energy (NNE), and NuScale Power (SMR), data center stocks such as CoreWeave (CRWV), IREN (IREN), and Nebius (NBIS), and critical mineral stocks such as MP Materials (MP), Critical Metals (CRML), USA Rare Earth (USAR), TMC The Metals Company (TMC), and Lithium Americas (LAC). Yesterday morning we wrote: After the sentiment among the momo crowd being extremely positive for a long time, the momo crowd sentiment has swung to negative quickly in the matter of a couple of days. The momo crowd sentiment took another hit yesterday as losses mounted in their favorite stocks. However, today, momo crowd sentiment may pick up on the prospect of the government taking a stake in quantum computing stocks. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Alphabet (GOOG), and Microsoft (MSFT). In the early trade, money flows are neutral in Apple (AAPL) and Meta (META). In the early trade, money flows are negative in Nvidia (NVDA) and TSLA. In the early trade, money flows are neutral in S&P 500 ETF (SPY) and negative in Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6733 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 80 points. Gold futures are at $4145, silver futures are at $48. 83, and oil futures are at $61. 94. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: ASTS, BTCUSD, BYND, DNUT, FLWS, GLD, GOLD, IBM, IREN, MARKETS, nflx, OIL, OKLO, QQQ, RGTI, SILVER, SPY, TSLA By Nigam Arora To gain an edge, this is what you need to know today. Gold Blow-Off Top Please click here for a chart of gold ETF (GLD). Note the following: The chart shows the Arora signal to take partial profits on gold. The Arora Report has been bullish on gold from the cycle low near $1000. The Arora Report has been advocating 5% - 8% allocation to gold. The chart shows when the Arora blow-off top signal was first given. The Arora blow-off top signal was subsequently repeated. The chart shows that since the Arora blow-off top signal, gold has experienced the worst sell off in 12 years. Prior to the blow-off top, gold ETF (GLD) saw the highest option activity on record. A large portion of the buying in gold after it crossed $4000 is coming from the meme crowd. All of a sudden, a large number of meme gurus have appeared claiming to be experts in gold. In a sign of the times, the meme crowd is more than happy to wager its hard earned dollars on the advice of newly minted gold meme gurus. Long time members know The Arora Report has a long, unparalleled record of calling both strategic and tactical moves in gold and silver. Will the Arora algorithms be right again this time? Start with Arora’s Second Law of Investing and Trading, which states, “Nobody knows with certainty, what is going to happen next in the markets. ” This time, there is a new element of extremely aggressive meme crowd call buying. This call buying created a gamma squeeze. For next level information on gamma squeezes, listen to the podcast in Arora Ambassador Club. At The Arora Report, we are now modeling this meme crowd behavior and incorporating it in our gold model. Investors need to differentiate between strategic and tactical signals. The Arora blow-off top signal was a tactical signal to take partial profits. The Trade Management Guidelines detail how to appropriately take partial profits. The strategic signal remains unchanged that the next target for gold is $6000 and gold has a path to $10K. Investors are eagerly awaiting inflation data tomorrow. So far, earnings this season are coming out better than the consensus but inline with whisper numbers. In the long run, earnings are the single best determinant of where the stock market goes. Among important earnings, Netflix (NFLX) earnings were disappointing. Investors are eagerly awaiting Tesla (TSLA) and IBM (IBM) earnings after the close. Tesla earnings will have a notable impact on the sentiment in the entire market. After the sentiment among the momo crowd being extremely positive for a long time, the momo crowd sentiment has swung to negative quickly in the matter of a couple of days. The reason is many momo accounts have been buying larger and larger quantities of call options in speculative stocks. In a matter of days, many such accounts are now decimated. As of this writing, the following illustrates the point: Space stock AST SpaceMobile (ASTS) stock has fallen 30. 3% from its high. Nuclear stock Oklo (OKLO) is down 30. 9% from its high. Data center stock IREN (IREN) has fallen 28. 0% from its high. Quantum computing stock Rigetti (RGTI) is down 33. 3% from its high. All investors should pay attention to sentiment, especially momo crowd sentiment. . The momo crowd sentiment has played a huge role in the rise of the stock market since the April Liberation Day low. Even though momo crowd sentiment has swung negative over the last couple of days, according to proprietary Arora Report indicators, overall sentiment remains in the extreme positive zone. It is worth repeating that the time to aggressively buy is when sentiment is extremely negative, and the time to hedge is when sentiment is extremely positive. Note that sentiment is not a precise timing tool. Extreme positive sentiment can sustain for months or longer. Prior to the 2000 dot com crash, extreme positive sentiment sustained for over two years. Sentiment among the meme crowd is exuberant this morning as they run up Beyond Meat (BYND), 1-800-Flowers. com (FLWS), and Krispy Kreme (DNUT) with their own extremely aggressive buying. Adding to the buying is a short squeeze. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Alphabet (GOOG) and Microsoft (MSFT). In the early trade, money flows are neutral in Nvidia (NVDA) and Tesla (TSLA). In the early trade, money flows are negative in Amazon (AMZN), Meta (META), and Apple (AAPL). In the early trade, money flows are neutral in S&P 500 ETF (SPY) and negative in Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) in stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil Buying is coming in in oil on the prospect of India reducing or stopping its purchase of Russian oil to get in President Trump’s good graces. India buys 38% of Russia’s oil. API crude inventories came at a draw of 2. 98M barrels vs. a consensus of a build of 3. 524M barrels. The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6779 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 25 points. Gold futures are at $4051, silver futures are at $47. 68, and oil futures are at $58. 39. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: ARRNF, ASTS, BTCUSD, CRML, CRWV, GM, GOLD, IONQ, IREN, LYSCF, MARKETS, MP, NBIS, NNE, OIL, OKLO, QBTS, QQQ, QUBT, RGTI, SILVER, SPY, USAR By Nigam Arora To gain an edge, this is what you need to know today. Smart Money Selling Momo Crowd Favorites Please click here for a chart of Rigetti stock (RGTI). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of RGTI stock is being used to illustrate the point. The chart shows the Arora buy zone for quantum computing stock RGTI. The chart shows relentless buying by the momo crowd. The chart shows smart money is beginning to sell RGTI stock. It is not just RGTI. The momo crowd has been relentlessly buying other quantum computing stocks such as IonQ (IONQ), D-Wave Quantum (QBTS), and Quantum Computing (QUBT), nuclear stocks such as Oklo (OKLO) and NANO Nuclear Energy (NNE), and space stocks such as AST SpaceMobile (ASTS). Selling is also being seen in the momo crowd’s favorite data center stocks such as CoreWeave (CRWV), Nebius (NBIS), and IREN (IREN). Smart money selling is being seen in all of the speculative stocks as well as other stocks that are favorites of the momo crowd. In The Arora Report analysis, there is significant potential in quantum computing, space, and nuclear stocks. It is just that in the near term the momo crowd has taken these stocks far beyond what they are worth. These stocks are the poster children of several excesses that have happened in this bull market. Yesterday saw aggressive buying in rare earth mineral stocks as President Trump struck a deal with Australia on rare earth minerals. Rare earth mineral stocks in Australia soared. Two Australian rare earth mineral stocks that trade in the U. S. are Lynas Rare Earths (LYSCF) and American Rare Earths (ARRNF). This morning, the U. S. based rare earth mineral stocks such as MP Materials (MP), USA Rare Earth (USAR) and Critical Metals (CRML) are seeing selling on the prospect of competition from Australia. About 20% of S&P 500 companies report earnings this week. This morning started out with very strong earnings from General Motors (GM). Investors are eagerly awaiting inflation data which will be released on October 24. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Japan Money is flowing into Japanese stocks as Japan tilts to the right and Sanae Takaichi becomes the first female prime minister. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Meta (META), and Nvidia (NVDA). In the early trade, money flows are neutral in Microsoft (MSFT). In the early trade, money flows are negative in Apple (AAPL), Alphabet (GOOG), and Tesla (TSLA). In the early trade, money flows are neutral in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** gold in the early trade. For longer-term, please see gold and silver ratings. Oil Oil is seeing buying on the prospect of peace between Russia and Ukraine. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6771 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 19 points. Gold futures are at $4214, silver futures are at $48. 90, and oil futures are at $57. 29. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BAC, C, JPM By Nigam Arora Editor’s note: This post was published in ZYX Buy on Oct. 14. BAC is long from $7. 69. It is trading at $50. 03 as of this writing. This represents a gain of 551%. Earnings BAC is going to report earnings tomorrow morning. If the stock falls in the buy zone on earnings, consider starting a position if not already in BAC. Investor Day Bank of America will be holding its investor day on Nov. 5 after 14 years. This reflects management's confidence in the present stabilized position and the future of the bank. The investor day may also become a trigger for the stock to move higher. Diversification The portfolio is very heavily weighted in AI stocks. Banks provide diversification. Other bank stocks in the portfolio are JPM and C. Zones For those who are following the Good Way, the Buy Now rating is *** (To see the locked content, please take a 30 day free trial). For those following the Best Way, the buy zone is $*** - $*** to scale in. The recommended quantity is ***% - ***%. The very long term target is $77 - $83. What To Do Now Those in the stock may consider continuing to hold. Those not in the stock may consider following the parameters given above. Note: Signal(s) to enter, add, reduce, exit, hold or change. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published October 14th on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: ABAT, AMD, ASTS, BAC, BTCUSD, C, CRML, DIA, DJIA, EPI, GDX, GLD, GLIN, GOLD, GS, IONQ, JPM, LAC, MARKETS, MP, MS, NNE, NVDA, OIL, OKLO, ORCL, QBTS, QQQ, RGIT, RGTI, RKLB, SILVER, SLV, SMIN, SMR, SPX, SPY, TBF, TBT, TSM, USAR, USO, WAL, WFC, WMT, ZION By Nigam Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' THIRD COCKROACH SHOWS UP BUT MOMO CROWD SAYS IT IS THE LAST ONE, GOLD TO $6K BUT A BLOWOFF TOP FIRST Oct 17, 2025 To gain an edge, this is what you need to know today. Prudent Investors Pay Attention Please click here for a chart of regional bank Western Alliance stock (WAL). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of WAL stock is being used to illustrate the point. The chart shows the gap down on a loan charge-off. Another regional bank Zions (ZION) also had a charge-off. The charge-off in both banks is from the same customer linked to distressed commercial mortgages. Investors may recall the drop in the stock market after the collapse of Silicon Valley Bank in March 2023. This loan charge-off is akin to the third cockroach that has shown up. The second cockroach was the bankruptcy of auto parts company First Brands. The first cockroach was the bankruptcy of used car deal Tricolor. Please see the Morning Capsule from September 30 for more. Momo gurus believe these are idiosyncratic issues. You may be wondering how the momo crowd is responding to the drop in WAL and ZION stocks. WAL dipped as low as $68. 00, but aggressive momo crowd buying has brought it to $71. 75 as of this writing in the premarket. ZION dipped as low as $46. 09, but aggressive momo crowd buying has brought it to $48. 99 as of this writing in the premarket. As a prudent investor, you need to decide if there are more cockroaches if three have already appeared. The world’s smartest banker Jamie Dimon, CEO of JPMorgan (JPM), said, “... when you see one cockroach, there are probably more... Everyone should be forewarned on this. ” In The Arora Report analysis, right now, many serious problems are lurking under the surface. Prudent investors need to remember what Warren Buffett said, “Only when the tide goes out do you learn who has been swimming naked. ” Gold has rocketed as investors rushed to the safety of gold. As is well known, The Arora Report has been long gold from just above $1000, and The Arora Report’s ratings on gold are used across the globe by investors, money managers, hedge funds, bullion dealers, and jewelers. In The Arora Report analysis, it is not prudent to buy gold here. Last night, there was panic buying in gold, with gold futures reaching $4392. Silver went along for the ride with silver futures reaching as high as $53. 76. You can see The Arora Report’s ratings on gold and silver from the main menu in the Real Time Feeds. For a longer term analysis on gold and silver, please see the gold section below. Investors are also rushing into U. S. Treasuries. The yield on 10 year U. S. Treasuries fell below 4%. In The Arora Report analysis, it is also not prudent to rush into long term U. S. Treasuries. By now, some of you may be asking if it is not prudent to buy gold or long term U. S. Treasuries right here, how can investors protect themselves? The answer is to follow the Arora Protection Band. Those who are following the Arora Protection Band are already ahead of the curve. Futures were trading lower in the early trade but then moved up on President Trump’s comments about China. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. India and Russia It appears President Trump has spoken to Indian Prime Minister Modi, and Modi has agreed to cut oil purchases from Russia in half. President Trump sees the best way to put pressure on Russia to stop the Ukraine war is to stop India from buying Russian oil. President Trump is meeting with Ukrainian President Zelenskyy today and will be meeting with Russian President Putin later in Budapest. What happens in Ukraine has serious implications for oil and the markets. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are neutral in Apple (AAPL), Amazon (AMZN), and Alphabet (GOOG). In the early trade, money flows are negative in Nvidia (NVDA), Microsoft (MSFT), Meta (META), and Tesla (TSLA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The primary narrative that is driving gold and silver higher is dollar debasement. Based on The Arora Report algorithms, there is a 65% probability that this narrative will continue to the end of 2026 and beyond, but it is not possible at this time to confidently predict the intensity of this narrative. Having said that, if the dollar debasement narrative becomes intense, gold can hit $6000, and silver can reach $75 in the long term. On the other hand, both gold and silver are technically very overbought. As a result, a sharp pullback can occur anytime. A sharp pullback can bring gold to $3500 and silver to $40. An even sharper correction can occur if inflation heats up and the Fed is unable to lower interest rates as anticipated. In the near term, gold is showing all of the signs that typically precede a blowoff top. At this time, the probability of a blowoff top occurring in gold and silver is 90%. Remember, this is only near term. The plan is to buy more gold, silver, and miners on any substantial dip. The momo crowd is *** gold in the early trade. Smart money is *** gold in the early trade. For longer-term, please see gold and silver ratings. Oil Please see the India and Russia section above. The Arora Report oil ratings can be accessed from the main menu in the Real Time Feeds. The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6660 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 54 points. Gold futures are at $4316, silver futures are at $51. 86, and oil futures are at $57. 13. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. STOCK BUYING ON NEW AI DATA, POTENTIAL CHINA TRUCE EXTENSION, LAC AND ABAT SHOW INSANITY Oct 16, 2025 To gain an edge, this is what you need to know today. Reinforcement Of AI Trade Please click here for a chart of Taiwan Semiconductor Manufacturing Company stock (TSM). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of TSM stock is being used to illustrate the point. The trendline on the chart shows TSM stock continues to move up in a new leg. The chart shows TSM stock is up this morning after reporting earnings. Taiwan Semiconductor reported earnings. Here are the details: Revenues came at $33. 1B vs. $32. 07B consensus. Revenues increased 40. 1% year-over-year. In Q3, advanced semiconductors, defined as those at 7 nanometers or less, were 74% of total wafer revenue. The company guides Q4 revenues of $32. 3B - $33. 4B vs. $31. 55B consensus. Taiwan Semiconductor manufactures AI chips for Nvidia (NVDA) and Advanced Micro Devices (AMD). Prudent investors should note an indication of exuberance among U. S. investors – TSM ADRs in the U. S. trade at a 26% premium to the shares in Taiwan. Taiwan Semiconductor is a Taiwanese company. Earnings from Taiwan Semiconductor are reinforcing the strength of the AI trade. There is aggressive buying in AI stocks in the early trade. There is also aggressive buying this morning in the stock market on the potential of kicking the can down the road in the China and U. S. trade war. The pause on tariffs on Chinese goods is set to expire in early November when the previous extension from August 12 will expire. Treasury Secretary Bessent suggested an extension of the truce between the U. S. and China could be reached if China backs off from its tightened control on rare earth mineral exports. Lithium Americas (LAC) and American Battery Technology (ABAT) have become the poster children of momo crowd insanity. The momo crowd believes lithium is a rare earth mineral, which it is not. The momo crowd does not understand that there is plenty of lithium outside of China. The momo crowd does not want to know that the supply of lithium is more than the demand. The momo crowd ran LAC stock from $3. 09 to as high as $10. 57 and ran ABAT stock from $2. 41 to as high as $11. 49 on mistaken beliefs. Does the momo crowd have special expertise in lithium, batteries, the Department of War (DOW), or the Department of Energy (DOE)? The momo crowd believes they do because they listen to pumpers on social media. To Wall Street’s credit, Wall Street has been trying to set the record straight, but to no avail. The Department of Energy terminated a grant to American Battery Technology. ABAT stock has fallen to $6. 86 as of this writing in the premarket. The momo crowd believes the dip is a gift and is aggressively buying ABAT stock. A major bank downgraded LAC today saying what you already knew as a member of The Arora Report from reading the Morning Capsule on September 25. ABAT and LAC stocks are emblematic of the insanity that is going on in many popular stocks right now. History tells us that such insanity never ends well. It always ends the same way: the momo crowd losing 70% - 100% of their account values. At this time, prudent investors should carefully guard against becoming afflicted with FOMO (fear of missing out). Producer Price Index (PPI), retail sales, and initial jobless claims will not be released today as scheduled due to the government shutdown. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. India President Trump is claiming that India will stop buying Russian oil. It appears that President Trump is again setting his sights on securing peace in Ukraine after his big win in the Middle East. You may recall that President Trump imposed 50% tariffs on Indian goods for India buying Russian oil. Normally, there would have been a signal to add to Indian stocks with ETFs EPI, SMIN, and GLIN in ZYX Emerging, but at this time, reports from India are contradicting what President Trump is saying. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Apple (AAPL). In the early trade, money flows are neutral in Tesla (TSLA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Gold and silver continue to see new highs. Money flows are especially strong in gold ETF (GLD) and silver ETF (SLV). Prudent investors should note that gold and silver are very overbought, and as such, it is not prudent to buy right here. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6741 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 79 points. Gold futures are at $4255, silver futures are at $52. 10, and oil futures are at $58. 45. POWELL TRIGGERED STOCK BUYING OUTWEIGHS TRUMP POST ON SOYBEANS AND COOKING OIL, WALMART MOVES TO AGENTIC COMMERCE Oct 15, 2025 To gain an edge, this is what you need to know today. Rate Cut Hopes Win Out Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market drop on Friday on tensions heating up between the U. S. and China and TACO (Trump Always Chickens Out) traders running the stock market back up Monday morning. The chart shows Fed Chair Powell’s speech yesterday driving the stock market higher. Fed Chair Powell’s speech indicated the Fed may cut interest rates at the next FOMC meeting. The chart shows the stock market’s reaction to President Trump’s post on soybeans and cooking oil. The chart shows the prospect of rate cuts overshadowed President Trump showing his next move in the trade war with China. President Trump’s Truth Social post which stated, “We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution. " The issue is China is not buying soybeans from the U. S. In The Arora Report analysis, President Trump’s threat to China on cooking oil is not going to mean much. China has its eye on replacing the U. S. as the world’s superpower, and as such, China is not going to care about cooking oil. Also due to U. S. tariffs and China cutting tax rebates, the imports of cooking oil have fallen 65% this year prior to President Trump’s latest threat. In yesterday’s Morning Capsule, we shared with you: This morning TACO traders are meeting CAHN (China Always Holds Its Nerve) traders. China’s President Xi has seen how the U. S. markets respond to President Trump escalating the trade war and how President Trump responds. The stock market drop on Friday played into President Xi’s plan to hold steady. Walmart (WMT), the largest retailer in the U. S. , and OpenAI announced a partnership. Consumers will be able to make purchases via an instant checkout in ChatGPT. WMT is in the ZYX Buy Core Model Portfolio, long from $19. 25. WMT stock is trading at $107. 64 as of this writing in the premarket, representing a 459% gain. From a technical perspective, WMT stock has broken out. In The Arora Report analysis, Walmart’s move to agentic commerce is a major milestone. Further, the Walmart move is a departure from the traditional practice of large retailers such as Walmart guarding the purchasing data and then profiting from selling the purchasing data and using it to bring in advertisers. Now, it appears OpenAI will get access to Walmart’s purchasing data, giving ChatGPT a leg up over its competitors. Among earnings, Bank of America (BAC) and Morgan Stanley (MS) are better than the consensus and whisper numbers. The Fed’s Beige Book will be released today at 2pm ET and may be market moving. In the early trade, the momo crowd is extremely aggressively buying quantum computing stocks such as Rigetti (RGTI), IonQ (IONQ), and D-Wave Quantum (QBTS), nuclear stocks such as Oklo (OKLO), NuScale Power (SMR), and NANO Nuclear Energy (NNE), and space stocks such as Rocket Lab (RKLB) and AST SpaceMobile (ASTS). After a torrid run, rare earth mineral stocks, including three in the Arora Portfolio MP Materials (MP), USA Rare Earth (USAR), and Critical Metals (CRML), are seeing profit taking in the early trade. The U. S. Army is planning to deploy smart modular reactors on its bases. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Gold ETF (GLD) and silver ETF (SLV) were showing signs of exhaustion when Powell’s speech came. Powell’s speech has given a second wind to the gold and silver rally. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. During the recent rally, a whale appears to have started a new short position in bitcoin. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6735 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 237 points. Gold futures are at $4203, silver futures are at $51. 39, and oil futures are at $59. 18. TACO TRADERS MEET CAHN, BANK EARNINGS, NEW AMD WIN, AND RUSH TO BUY QUANTUM AND NUCLEAR STOCKS Oct 14, 2025 To gain an edge, this is what you need to know today. TACO Traders Meet CAHN Please click here for a chart of JPMorgan Chase stock (JPM). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of JPM stock is being used to illustrate the point. The chart shows a rising trendline. The chart shows that going into earnings, JPM stock pulled back to the trendline. RSI on the chart shows JPM stock has more room to run. Expectations going into JPMorgan earnings were very high, but earnings beat the consensus and were inline with whisper numbers. JPM is in the ZYX Buy Core Model Portfolio, long from $34. 14. It is trading at $307. 80 as of this writing in the premarket, representing a 802% gain. In addition to JPM, earnings season kicked off this morning with earnings from other banks: Citigroup (C), Wells Fargo (WFC), and Goldman Sachs (GS). All three beat consensus and were inline with whisper numbers. TACO (Trump Always Chickens Out) traders were extremely aggressively buying stocks yesterday. In The Arora Report analysis, TACO traders are akin to the momo crowd in that they do not do any deep analysis. This morning TACO traders are meeting CAHN (China Always Holds Its Nerve) traders. China is not backing down. Here are the key points: China has announced new sanctions on five U. S. subsidiaries of South Korea based shipping company Hanwha Ocean. China says it will investigate the U. S. investigation into China’s shipping industries. China is now collecting additional fees from U. S. cargo ships. China has not backed off from its position on rare earth minerals. Prudent investors need to remember CAHN. The reason is that China has a long term vision of replacing the U. S. as the world’s superpower. In The Arora Report analysis, China is likely to hold its nerve and try to out fox President Trump in trade negotiations. As a result of China’s actions, the three rare earth mineral stocks in the Arora Portfolio are seeing more gains on top of huge gains yesterday. As of this writing in the premarket, Critical Metals (CRML) is up 33%, USA Rare Earth (USAR) is up 13%, and MP Materials (MP) is up 7%. JPMorgan’s decision to invest $10B in four different sectors to help the U. S. stay ahead has brought in aggressive buying in many stocks. The most notable are quantum computing stocks such as Rigetti (RGTI), IonQ (IONQ), and D-Wave Quantum (QBTS) and nuclear stocks such as Oklo (OKLO), NuScale Power (SMR), and NANO Nuclear Energy (NNE). Advanced Micro Devices (AMD) has scored another big win this morning. Oracle (ORCL) will deploy 50K AMD AI chips starting in Q3 2026. After AMD’s deal with OpenAI, this is a confirmation that Nvidia (NVDA) is likely to get more competition from AMD than previously thought. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold In The Arora Report analysis, the short squeeze in silver is showing the first signs of ending. This is also bringing in some selling in gold. The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil Oil is seeing selling as U. S. China tensions heat up again. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6630 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 388 points. Gold futures are at $4123, silver futures are at $49. 57, and oil futures are at $57. 99. SHORT SQUEEZE IN SILVER AND RARE EARTHS, STOCK MARKET TACO TRADERS EUPHORIC, TRUMP SEEKS DIPLOMATIC PATH Oct 13, 2025 To gain an edge, this is what you need to know today. Euphoric TACO Traders Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the big drop in the stock market on Friday on President Trump threatening to impose 100% additional tariffs on Chinese goods. In Friday’s Morning Capsule, when S&P 500 was trading at an all time high, we wrote: In yesterday's Morning Capsule, we shared with you that China was restricting the export of rare earths to gain leverage in talks with the U. S. President Trump is considering responding. The chart shows The Arora Report gave a signal to increase the Arora Protection Band by raising cash and hedges. The chart shows aggressive TACO (Trump Always Chickens Out) buying this morning. The proprietary VUD indicator is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand. The chart shows that on Friday the VUD indicator was orange, but in the early trade this morning, it has flipped to green. Over the weekend, President Trump said, “Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U. S. A. wants to help China, not hurt it! ! ! President DJT. ” TACO traders are interpreting President Trump’s statement as chickening out and are aggressively buying stocks. Retail traders are aggressively buying stocks. Institutions appear to be cautious. Euphoric TACO traders are oblivious that the Dutch government is seizing control of Chinese chip maker Nexperia due to a security threat. In The Arora Report analysis, there is a fair probability that President Trump is not chickening out, but seeking a diplomatic path forward. Further in The Arora Report analysis, in its bullish euphoria the stock market had assumed that tariffs, trade, and China were not anything to be concerned about; after Friday, at a minimum, prudent investors should not assume TACO traders are 100% right. Today is Columbus Day. The bond market is closed, and it is a bank holiday. Lower liquidity is helping the momo crowd to run up the stock market in the early trade. The Columbus Day holiday started in 1971. Since then, the stock market has risen between Columbus Day and the end of the year 72% of the years. The U. S. Department of War is planning to build an additional $1B stockpile of critical metals. This is triggering a short squeeze in three rare earth stocks in the Arora Portfolio. USAR is up 17%, CRML is up 16%, and MP is up 9% as of this writing in the premarket. Please see the gold section below regarding the short squeeze in silver. Earnings season kicks off with bank earnings in the premarket tomorrow morning from Goldman Sachs (GS), Citigroup (C), JPMorgan Chase (JPM), and Wells Fargo (WFC). As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Japan Opposition in Japan is in talks to challenge Sanae Takaichi. This development may temper the fear of excessive fiscal and monetary stimulation in Japan. Japan is important to investors in the U. S. market because of the carry trade. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold A vicious short squeeze is taking place in silver in London. An arbitrage opportunity has developed due to the price difference in silver in London and the U. S. Silver ETF (SLV) is up 2. 77% as of this writing. In The Arora Report analysis, there is a fair probability that silver ETF SLV may also experience a vicious short squeeze. Gold is hitting an all time high with gold futures briefly hitting $4100. In The Arora Report analysis, the gold market has a different opinion from TACO traders and the stock market; the gold market is indicating that tensions with China will continue. In The Arora Report analysis, the probability of a short squeeze in gold ETF (GLD) is low. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil Oil has crosscurrents. On one hand, the release of hostages in Gaza and President Trump talking peace in the Middle East is negative for oil. On the other hand, President Trump taking a diplomatic path with China is positive for oil. Oil ETF (USO) is up over 1% as of this writing. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6673 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 396 points. Gold futures are at $4097, silver futures are at $49. 82, and oil futures are at $59. 51. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: C, GS, JPM, KBE, WFC By Nigam Arora Diversification Banks stocks provide good diversification for portfolios heavily weighted in AI. Positive Tailwinds The following are providing positive tailwinds for bank stocks: Robust capital markets High net interest income Strong loan growth Deregulation Earnings JPM, WFC, C, and GS kicked off earnings season today. All banks reported earnings better than the consensus and inline with whisper numbers. ETF Of Choice The ETF of choice is KBE. Zones For those who are following the Good Way, the Buy Now rating is *** (To see the locked content, please take a 30 day free trial). For those following the Best Way, the buy zone is $*** - $*** to scale in. The allocation in the Core Model Portfolio is ***% - ***% and ***% - ***% in the Lower Exposure Model Portfolio. What To Do Now Those in KBE may consider continuing to hold. Those not in KBE may consider following the parameters given above Note: Signal(s) to enter, add, reduce, exit, hold or change. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Allocation Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BAC, C, JPM, KBE By Nigam Arora Nigam Arora returns to the Schwab Network and weighs in on job cuts in banks, saying AI will be a factor to increase productivity and could be the "fly in the ointment" for that segment of the labor market. Watch the interview for what investors need to know. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: ASTS, BAC, BTCUSD, CRML, GLD, GOLD, IONQ, MARKETS, MP, MS, NNE, OIL, OKLO, QBTS, QQQ, RGTI, RKLB, SILVER, SLV, SMR, SPX, SPY, USAR, WMT By Nigam Arora To gain an edge, this is what you need to know today. Rate Cut Hopes Win Out Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market drop on Friday on tensions heating up between the U. S. and China and TACO (Trump Always Chickens Out) traders running the stock market back up Monday morning. The chart shows Fed Chair Powell’s speech yesterday driving the stock market higher. Fed Chair Powell’s speech indicated the Fed may cut interest rates at the next FOMC meeting. The chart shows the stock market’s reaction to President Trump’s post on soybeans and cooking oil. The chart shows the prospect of rate cuts overshadowed President Trump showing his next move in the trade war with China. President Trump’s Truth Social post which stated, “We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution. " The issue is China is not buying soybeans from the U. S. In The Arora Report analysis, President Trump’s threat to China on cooking oil is not going to mean much. China has its eye on replacing the U. S. as the world’s superpower, and as such, China is not going to care about cooking oil. Also due to U. S. tariffs and China cutting tax rebates, the imports of cooking oil have fallen 65% this year prior to President Trump’s latest threat. In yesterday’s Morning Capsule, we shared with you: This morning TACO traders are meeting CAHN (China Always Holds Its Nerve) traders. China’s President Xi has seen how the U. S. markets respond to President Trump escalating the trade war and how President Trump responds. The stock market drop on Friday played into President Xi’s plan to hold steady. Walmart (WMT), the largest retailer in the U. S. , and OpenAI announced a partnership. Consumers will be able to make purchases via an instant checkout in ChatGPT. WMT is in the ZYX Buy Core Model Portfolio, long from $19. 25. WMT stock is trading at $107. 64 as of this writing in the premarket, representing a 459% gain. From a technical perspective, WMT stock has broken out. In The Arora Report analysis, Walmart’s move to agentic commerce is a major milestone. Further, the Walmart move is a departure from the traditional practice of large retailers such as Walmart guarding the purchasing data and then profiting from selling the purchasing data and using it to bring in advertisers. Now, it appears OpenAI will get access to Walmart’s purchasing data, giving ChatGPT a leg up over its competitors. Among earnings, Bank of America (BAC) and Morgan Stanley (MS) are better than the consensus and whisper numbers. The Fed’s Beige Book will be released today at 2pm ET and may be market moving. In the early trade, the momo crowd is extremely aggressively buying quantum computing stocks such as Rigetti (RGTI), IonQ (IONQ), and D-Wave Quantum (QBTS), nuclear stocks such as Oklo (OKLO), NuScale Power (SMR), and NANO Nuclear Energy (NNE), and space stocks such as Rocket Lab (RKLB) and AST SpaceMobile (ASTS). After a torrid run, rare earth mineral stocks, including three in the Arora Portfolio MP Materials (MP), USA Rare Earth (USAR), and Critical Metals (CRML), are seeing profit taking in the early trade. The U. S. Army is planning to deploy smart modular reactors on its bases. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Gold ETF (GLD) and silver ETF (SLV) were showing signs of exhaustion when Powell’s speech came. Powell’s speech has given a second wind to the gold and silver rally. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. During the recent rally, a whale appears to have started a new short position in bitcoin. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6735 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 237 points. Gold futures are at $4203, silver futures are at $51. 39, and oil futures are at $59. 18. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMD, BTCUSD, C, CRML, GOLD, GS, IONQ, JPM, MARKETS, MP, NNE, NVDA, OIL, OKLO, ORCL, QBTS, QQQ, RGIT, SILVER, SMR, SPY, USAR, WFC By Nigam Arora To gain an edge, this is what you need to know today. TACO Traders Meet CAHN Please click here for a chart of JPMorgan Chase stock (JPM). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of JPM stock is being used to illustrate the point. The chart shows a rising trendline. The chart shows that going into earnings, JPM stock pulled back to the trendline. RSI on the chart shows JPM stock has more room to run. Expectations going into JPMorgan earnings were very high, but earnings beat the consensus and were inline with whisper numbers. JPM is in the ZYX Buy Core Model Portfolio, long from $34. 14. It is trading at $307. 80 as of this writing in the premarket, representing a 802% gain. In addition to JPM, earnings season kicked off this morning with earnings from other banks: Citigroup (C), Wells Fargo (WFC), and Goldman Sachs (GS). All three beat consensus and were inline with whisper numbers. TACO (Trump Always Chickens Out) traders were extremely aggressively buying stocks yesterday. In The Arora Report analysis, TACO traders are akin to the momo crowd in that they do not do any deep analysis. This morning TACO traders are meeting CAHN (China Always Holds Its Nerve) traders. China is not backing down. Here are the key points: China has announced new sanctions on five U. S. subsidiaries of South Korea based shipping company Hanwha Ocean. China says it will investigate the U. S. investigation into China’s shipping industries. China is now collecting additional fees from U. S. cargo ships. China has not backed off from its position on rare earth minerals. Prudent investors need to remember CAHN. The reason is that China has a long term vision of replacing the U. S. as the world’s superpower. In The Arora Report analysis, China is likely to hold its nerve and try to out fox President Trump in trade negotiations. As a result of China’s actions, the three rare earth mineral stocks in the Arora Portfolio are seeing more gains on top of huge gains yesterday. As of this writing in the premarket, Critical Metals (CRML) is up 33%, USA Rare Earth (USAR) is up 13%, and MP Materials (MP) is up 7%. JPMorgan’s decision to invest $10B in four different sectors to help the U. S. stay ahead has brought in aggressive buying in many stocks. The most notable are quantum computing stocks such as Rigetti (RGTI), IonQ (IONQ), and D-Wave Quantum (QBTS) and nuclear stocks such as Oklo (OKLO), NuScale Power (SMR), and NANO Nuclear Energy (NNE). Advanced Micro Devices (AMD) has scored another big win this morning. Oracle (ORCL) will deploy 50K AMD AI chips starting in Q3 2026. After AMD’s deal with OpenAI, this is a confirmation that Nvidia (NVDA) is likely to get more competition from AMD than previously thought. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are negative in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold In The Arora Report analysis, the short squeeze in silver is showing the first signs of ending. This is also bringing in some selling in gold. The momo crowd is *** in gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil Oil is seeing selling as U. S. China tensions heat up again. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing selling. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, C, CRML, GLD, GOLD, GS, JPM, MARKETS, MP, OIL, QQQ, SILVER, SLV, SPX, SPY, USAR, USO, WFC By Nigam Arora To gain an edge, this is what you need to know today. Euphoric TACO Traders Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the big drop in the stock market on Friday on President Trump threatening to impose 100% additional tariffs on Chinese goods. In Friday’s Morning Capsule, when S&P 500 was trading at an all time high, we wrote: In yesterday's Morning Capsule, we shared with you that China was restricting the export of rare earths to gain leverage in talks with the U. S. President Trump is considering responding. The chart shows The Arora Report gave a signal to increase the Arora Protection Band by raising cash and hedges. The chart shows aggressive TACO (Trump Always Chickens Out) buying this morning. The proprietary VUD indicator is the most sensitive measure of net supply and demand in real-time. The orange represents net supply and the green represents net demand. The chart shows that on Friday the VUD indicator was orange, but in the early trade this morning, it has flipped to green. Over the weekend, President Trump said, “Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U. S. A. wants to help China, not hurt it! ! ! President DJT. ” TACO traders are interpreting President Trump’s statement as chickening out and are aggressively buying stocks. Retail traders are aggressively buying stocks. Institutions appear to be cautious. Euphoric TACO traders are oblivious that the Dutch government is seizing control of Chinese chip maker Nexperia due to a security threat. In The Arora Report analysis, there is a fair probability that President Trump is not chickening out, but seeking a diplomatic path forward. Further in The Arora Report analysis, in its bullish euphoria the stock market had assumed that tariffs, trade, and China were not anything to be concerned about; after Friday, at a minimum, prudent investors should not assume TACO traders are 100% right. Today is Columbus Day. The bond market is closed, and it is a bank holiday. Lower liquidity is helping the momo crowd to run up the stock market in the early trade. The Columbus Day holiday started in 1971. Since then, the stock market has risen between Columbus Day and the end of the year 72% of the years. The U. S. Department of War is planning to build an additional $1B stockpile of critical metals. This is triggering a short squeeze in three rare earth stocks in the Arora Portfolio. USAR is up 17%, CRML is up 16%, and MP is up 9% as of this writing in the premarket. Please see the gold section below regarding the short squeeze in silver. Earnings season kicks off with bank earnings in the premarket tomorrow morning from Goldman Sachs (GS), Citigroup (C), JPMorgan Chase (JPM), and Wells Fargo (WFC). As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Japan Opposition in Japan is in talks to challenge Sanae Takaichi. This development may temper the fear of excessive fiscal and monetary stimulation in Japan. Japan is important to investors in the U. S. market because of the carry trade. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold A vicious short squeeze is taking place in silver in London. An arbitrage opportunity has developed due to the price difference in silver in London and the U. S. Silver ETF (SLV) is up 2. 77% as of this writing. In The Arora Report analysis, there is a fair probability that silver ETF SLV may also experience a vicious short squeeze. Gold is hitting an all time high with gold futures briefly hitting $4100. In The Arora Report analysis, the gold market has a different opinion from TACO traders and the stock market; the gold market is indicating that tensions with China will continue. In The Arora Report analysis, the probability of a short squeeze in gold ETF (GLD) is low. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil Oil has crosscurrents. On one hand, the release of hostages in Gaza and President Trump talking peace in the Middle East is negative for oil. On the other hand, President Trump taking a diplomatic path with China is positive for oil. Oil ETF (USO) is up over 1% as of this writing. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6673 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 396 points. Gold futures are at $4097, silver futures are at $49. 82, and oil futures are at $59. 51. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AAL, ACHR, AMD, AVGO, BMNR, BTCUSD, CIFR, CRML, DAL, DIA, DJIA, EWJ, GDX, GLD, GOLD, IONQ, IREN, JOBY, JPM, LUV, MARKETS, MP, MRVL, MSTR, NBIS, NVDA, OIL, ORCL, PEP, QCOM, QQQ, RGTI, RKLB, SILVER, SLV, SPX, SPY, TBF, TBT, TSLA, TSM, UAL, USAR, USO, ZSL By Nigam Arora Editors Notes: Hours before Trump’s new tariffs news hit and S&P 500 dropped 2. 7% as well as NASDAQ dropped 3. 4%, The Arora Report warned: “History teaches a trigger often comes from nowhere” In the morning before the big drop in the stock market, The Arora Report issued a signal to paying members to increase the Arora Protection Band by raising hedges and selling some stocks. When markets tumbled, The Arora Report paying members were already ahead of the curve. Do you want to get ahead of the curve? Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' WORLD’S SMARTEST BANKER THINKS 30% CHANCE OF STOCK MARKET CORRECTION BUT HERE IS WHAT HE IS NOT TELLING YOU Oct 10, 2025 To gain an edge, this is what you need to know today. Correction Trigger Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market is way above the 200 day moving average (shown in yellow). The chart shows zone 1 will act as support on any pullback. Jamie Dimon, CEO of JPMorgan Chase (JPM), is the smartest banker in the world. Here are the key points from what Dimon is saying: Dimon thinks the chance of a correction is much higher than what is generally believed. Dimon says that if others think the chance of a correction is 10%, he thinks the chance of correction is 30%. Dimon thinks most people will lose money on AI. Dimon thinks that instead of accumulating cryptos, “we should be stockpiling bullets, guns, and bombs. ” You already know that The Arora Report analysis agrees with what Dimon is saying. In The Arora Report analysis, here is what is very important that Dimon is not saying: Dimon represents smart money, but the stock market is controlled by the momo crowd. The momo crowd does not do any analysis and does not take risk into account. They simply buy stocks on the belief that stocks are going to the moon. The retail investor component of the momo crowd has now become totally reckless. The retail buying of stocks last month was the largest on record, coming at $105B. Year-to-date, retail investors have bought $630B worth of stock. The previous record was $590B in 2021. Retail investors are not buying blue chips stocks. They are buying stocks like Bitmine Immersion Technologies (BMNR), Strategy (MSTR), Rocket Lab (RKLB), Nebius (NBIS), IREN (IREN), Rigetti (RGTI), and IonQ (IONQ). After record retail buying in 2021 when retail investors were buying highly speculative stocks and SPACs, 2022 saw a bear market with Nasdaq losing 33%. Most momo crowd portfolios lost 70% - 95%. For the reckless momo crowd behavior to stop, there has to be a trigger. The trigger in 2022 was the Fed raising interest rates. In contrast, in 2025 and going into 2026, the Fed is cutting interest rates even though the data does not justify it. The Fed is simply spiking the punch bowl. In The Arora Report analysis, here is the most important point for prudent investors – momo crowd insanity can go on for a long time, driving the stock market much higher in the absence of a trigger to stop it. To complicate the situation further, history teaches a trigger often comes from nowhere and in a manner no one has foreseen. The best way to handle this situation so that you can generate wealth and protect wealth at the same time is to follow the Arora Protection Band. In yesterday’s Morning Capsule, we shared with you that China was restricting the export of rare earths to gain leverage in talks with the U. S. President Trump is considering responding. As a result, money is flowing into rare earth stocks in the early trade, including three in the Arora Portfolio: USA Rare Earth (USAR), MP Materials (MP), and Critical Metals (CRML). To put further pressure on the U. S. , China is opening an anti-trust probe into Qualcomm’s (QCOM) Autotalks deal. University of Michigan Consumer Sentiment will be released at 10am ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Nvidia (NVDA) and Tesla (TSLA). In the early trade, money flows are neutral in Alphabet (GOOG), Microsoft (MSFT), and Meta (META). In the early trade, money flows are negative in Apple (AAPL) and Amazon (AMZN). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6783 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 74 points. Gold futures are at $4003, silver futures are at $48. 26, and oil futures are at $60. 24. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. CHINA FLEXES ITS MUSCLE AGAINST THE U. S. BY TIGHTENING RARE EARTH CONTROLS, TSMC DATA BOOSTS AI TRADE Oct 9, 2025 To gain an edge, this is what you need to know today. Rare Earth Flex Please click here for a chart of USA Rare Earth stock (USAR). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of USAR is being used to illustrate the point. The chart shows the Arora buy zone for USAR. The chart shows that USAR has about doubled since the Arora buy zone. Based on the latest China news, how USAR stock performs will be a tell as to how much the market is already discounting. RSI on the chart shows USAR stock is overbought and vulnerable to a short term pullback. The chart shows the volume has been heavier on the rally. This indicates conviction. The latest rally in USAR stock has been triggered by news that the U. S. government will take a stake in USA Rare Earth and help USA Rare Earth with buying by the Department of Defense, just like the U. S. government has done with MP Materials (MP). Not long after the U. S. and China reached a deal regarding social media app TikTok, China and the U. S. are back to escalating tensions. In the latest move, China is flexing its muscle by tightening control of rare earth minerals with additional export restrictions. Licenses from the Chinese government will be required to export products with rare earth minerals for military applications and high-tech products. Export of dual use materials will be restricted for Chinese national security. License will be granted on a case by case basis. Some of the new export restrictions will take effect immediately and others on December 1. Additionally effective November 8, China will also require licenses to export lithium batteries and equipment and materials needed to produce them. Taiwan Semiconductor Manufacturing Company (TSM) reported September revenue increased 31. 4% year-over-year and down 1. 4% from month-over-month. TSM reported January through September revenue up 36. 4% year-over-year. Revenue data from Taiwan Semiconductor Manufacturing Company is important because it manufactures AI chips for Nvidia (NVDA), Advanced Micro Devices (AMD), Marvell (MRVL), and Broadcom (AVGO). Data from Taiwan Semiconductor Manufacturing Company is boosting the AI trade. Also boosting the AI trade is news that Nvidia received approval to export some chips to the U. A. E. Reportedly, Nvidia CEO Jensen Huang had been frustrated with the long delay preceding the approval. Earnings season is starting with Pepsi (PEP) and Delta Air Lines (DAL) reporting in the premarket. Delta earnings are significantly better than the consensus and whisper numbers. Commentary from Delta is very positive. In sympathy with Delta, money is flowing into United Airlines (UAL), Southwest Airlines (LUV) and American Airlines (AAL). Powell made no comments on monetary policy during his opening remarks at the Community Bank Conference. In The Arora Report analysis, the stock market is likely to interpret no comment as bullish. Initial jobless claims were not released as scheduled due to the government shutdown. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Nvidia (NVDA). In the early trade, money flows are neutral in Alphabet (GOOG), Meta (META), and Microsoft (MSFT). In the early trade, money flows are negative in Apple (AAPL), Amazon (AMZN), and Tesla (TSLA). In the early trade, money flows are neutral in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold There is extremely aggressive buying in gold and silver this morning. Silver is trading up about 4% as of this writing. Silver futures are only $0. 10 away from the psychological resistance level of $50. Long time members of The Arora Report may recall this is the exact level where in 2011, The Arora Report gave a signal to sell all silver ETF (SLV) and short sell silver. The signal was given at that time to buy inverse silver ETF (ZSL) for those who did not short sell. The Arora Report also predicted that silver would quickly fall to $34. Hindsight tells us those calls were spot on – silver topped the day of The Arora Report signal and subsequently fell to $34 in a matter of weeks. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6804 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are down 9 points. Gold futures are at $4069, silver futures are at $49. 43, and oil futures are at $62. 59. PAY ATTENTION: MUSK XAI AND NVIDIA CIRCULAR DEAL, ORACLE REPORT SHOWS LOWER MARGINS ON RENTING NVIDIA GPUS Oct 8, 2025 To gain an edge, this is what you need to know today. More Red Flags For Investors Please click here for a chart of Oracle stock (ORCL). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of ORCL stock is being used to illustrate the point. The chart shows that ORCL stock has pulled back after out of this world projections for new revenue to be generated from AI infrastructure primarily by renting out Nvidia (NVDA) GPU based servers. A new report states that over the last three months on $900M of rentals Oracle generated gross margins of $125M or 14%. The expectations of credible analysts are about 25% gross margins. Many momo gurus are touting over 50% margins and pumping stocks such as Nebius (NBIS), IREN (IREN), and Cipher Mining (CIFR). In The Arora Report analysis, if a well healed player like Oracle with the tremendous connections of its founder Larry Ellison cannot generate the expected gross margins, the projections for lesser players that are being pumped may be overblown. On top of the gross margin red flag, we have previously shared with you the red flag of circular financing. Circular financing continues to accelerate. Nvidia is going to invest $2B in Elon Musk’s xAI. xAI, in turn, is going to buy Nvidia chips. Previously, Nvidia announced an investment in OpenAI. In turn, OpenAI is buying chips from Nvidia and renting AI servers from Oracle. Oracle is buying chips from Nvidia. Prudent investors need to be concerned about circular financing because in circular financing the same dollars are counted multiple times by different companies. The 2000 crash in tech stocks when Nasdaq lost 78% was, in part, due to circular financing led by the most popular stocks of the day such as Lucent and Nortel. As you may recall, The Arora Report was one of the first to come out of the gate in 2022 and state with conviction that AI was real and a fortune was to be made in AI all the way to 2030. It will not be a straight line. At times, it will be treacherous. Along the way, there have been several times when the market thought the AI trade was done. But as you know, The Arora Report held firm in its conviction. Every Arora Report macro call on AI so far has proven spot on. The FOMC minutes are scheduled to be released at 2pm ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Meta (META) and Microsoft (MSFT). In the early trade, money flows are negative in Apple (AAPL) and Alphabet (GOOG). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a build of 2. 78M barrels vs. a consensus of a build of 2. 25M barrels. The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6772 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 128 points. Gold futures are at $4060, silver futures are at $48. 60, and oil futures are at $62. 61. MOMO CROWD NOW FOCUSED ON $5000 GOLD – GOLD PREFERRED OVER DOLLAR, FIRST VIX FIVE DAY SIGNAL SINCE 1990 Oct 7, 2025 To gain an edge, this is what you need to know today. Gold Over Dollar Please click here for a chart of gold ETF (GLD). Note the following: The chart is a monthly chart to give you a long term perspective. The chart shows gold has now reached zone 1 (resistance). As of this writing, gold futures are trading at $4007. RSI on the chart shows gold is very overbought and vulnerable to a pullback. The momo crowd is super excited. The talk of gold at $5000 next year is taking center stage. Foreigners are beginning to prefer holding gold over holding dollars. In The Arora Report analysis, if this trend continues, it is a big negative for the U. S. Concern is developing among smart money about the implications of persistent, aggressive buying in gold. The traditional interpretation is that something is about to go very wrong with the U. S. stock market and the AI trade. In The Arora Report analysis, the traditional interpretation is not applicable here for several reasons: Those who have a long term track record in gold are not buying right here. Demand for physical gold is weak. Buying in gold is mostly coming from the momo crowd. The momo crowd is not doing any analysis before buying gold. They are buying gold because it is going up. The Arora Report is long gold from about $1000. Along the way, buy zones have helped members of The Arora Report to accumulate gold at attractive prices. You can see gold ratings from the main menu of the Real Time Feeds. The Arora Report’s plan is to issue signals to buy more gold on significant pullbacks. The sentiment in gold is extremely positive. For prudent investors, buying gold when sentiment is extremely positive is a high risk proposition. The volatility index VIX was created in 1990. Normally, VIX goes down when S&P 500 goes up. For the first time since the creation of VIX, VIX has risen over five consecutive days while S&P 500 has also gained over the five day period. This signal has never happened before, so there is no historical precedence. In The Arora Report analysis, the interpretation is that the reason VIX has not fallen is that smart money is using VIX derivatives to hedge as the stock market rises. Prudent investors also need to know that as the stock market rises and the momo crowd becomes more aggressive in buying, smart money continues to take advantage of the strength to trim positions. A Tesla (TSLA) event is ahead. Expectations are for a lower cost Model Y, but rumors are running rampant of Tesla getting into the eVOL business. These rumors have resulted in aggressive momo crowd buying in Joby Aviation (JOBY) and Archer Aviation (ACHR). JOBY is in ZYX Buy in the portfolio that surrounds the Core Model Portfolio. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Meta (META), and Nvidia (NVDA). In the early trade, money flows are neutral in Apple (AAPL) and Microsoft (MSFT). In the early trade, money flows are negative in Alphabet (GOOG) and Tesla (TSLA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates and bonds are range bound. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6797 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 65 points. Gold futures are at $4007, silver futures are at $48. 33, and oil futures are at $61. 41. MASSIVE OPENAI AMD DEAL TO CHALLENGE NVIDIA, GOLD APPROACHES THE MAGNET, STOCKS ROCKET 4. 75% IN JAPAN Oct 6, 2025 To gain an edge, this is what you need to know today. Challenging King Nvidia Please click here for a chart of Advanced Micro Devices stock (AMD). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of AMD stock is being used to illustrate the point. The chart shows the jump up in AMD stock on the news of the deal with OpenAI. The chart shows AMD stock is in zone 1 (resistance). The chart shows the Arora buy zone. Those who acted quickly on the Arora buy signal in the premarket have a fill on AMD and the position is profitable as of this writing. RSI on the chart shows AMD stock is overbought. Overbought stocks are susceptible to a pullback. Here are the key points about the AMD and OpenAI partnership: The partnership includes AI data centers to run on AMD chips, not Nvidia (NVDA) chips. OpenAI or its cloud computing partners will purchase 6 gigawatts of AMD chips starting next year. The chips will be used for inference and computations required for chatbots and other AI applications to respond to users. The deal is expected to bring in tens of billions of dollars of revenue to AMD over the next five years. OpenAI is to receive warrants awarded in phases for as many as 160M shares of AMD stock at $0. 01 per share. That is approximately 10% of AMD. The price of AMD stock must increase in order for the warrants to be exercised. The OpenAI AMD deal is a challenge to AI King Nvidia. In The Arora Report analysis, Nvidia will remain the king for training AI models, and AMD will make great inroads in inference. The OpenAI AMD deal is overshadowing everything else in the stock market. The U. S. government shutdown is prompting money to flow into gold and bitcoin. Please see the sections below. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Japan Sanae Takaichi is the new leader of Japan’s ruling party, the Liberal Democratic Party (LDP). She is expected to become Japan’s first female prime minister. Takaichi is known for her ultra-conservative politics. Takaichi’s plan is to strengthen ties with the U. S. and partnerships with South Korea, the Philippines, and Australia. The Japanese stock market jumped with the Nikkei 225 up over 4. 75%. Takaichi was a protege of the late Shinzo Abe. Abe’s policies are known as Abenomics. In The Arora Report analysis, Takaichi is likely to follow Abenomics with some changes. This is positive for Japan. Japan ETF EWJ is in the Core Model Portfolio in ZYX Allocation. The position is nicely profitable. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Microsoft (MSFT), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL). In the early trade, money flows are negative in Alphabet (GOOG), Meta (META), and Nvidia (NVDA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Gold is seeing aggressive buying and is now approaching the magnet of $4000. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) hit an all time high over $125,000. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6789 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 100 points. Gold futures are at $3953, silver futures are at $48. 02, and oil futures are at $61. 56. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BMNR, BTCUSD, CRML, GOLD, IONQ, IREN, JPM, MARKETS, MP, MSTR, NBIS, OIL, QCOM, QQQ, RGTI, RKLB, SILVER, SPY, USAR By Nigam Arora To gain an edge, this is what you need to know today. Correction Trigger Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market is way above the 200 day moving average (shown in yellow). The chart shows zone 1 will act as support on any pullback. Jamie Dimon, CEO of JPMorgan Chase (JPM), is the smartest banker in the world. Here are the key points from what Dimon is saying: Dimon thinks the chance of a correction is much higher than what is generally believed. Dimon says that if others think the chance of a correction is 10%, he thinks the chance of correction is 30%. Dimon thinks most people will lose money on AI. Dimon thinks that instead of accumulating cryptos, “we should be stockpiling bullets, guns, and bombs. ” You already know that The Arora Report analysis agrees with what Dimon is saying. In The Arora Report analysis, here is what is very important that Dimon is not saying: Dimon represents smart money, but the stock market is controlled by the momo crowd. The momo crowd does not do any analysis and does not take risk into account. They simply buy stocks on the belief that stocks are going to the moon. The retail investor component of the momo crowd has now become totally reckless. The retail buying of stocks last month was the largest on record, coming at $105B. Year-to-date, retail investors have bought $630B worth of stock. The previous record was $590B in 2021. Retail investors are not buying blue chips stocks. They are buying stocks like Bitmine Immersion Technologies (BMNR), Strategy (MSTR), Rocket Lab (RKLB), Nebius (NBIS), IREN (IREN), Rigetti (RGTI), and IonQ (IONQ). After record retail buying in 2021 when retail investors were buying highly speculative stocks and SPACs, 2022 saw a bear market with Nasdaq losing 33%. Most momo crowd portfolios lost 70% - 95%. For the reckless momo crowd behavior to stop, there has to be a trigger. The trigger in 2022 was the Fed raising interest rates. In contrast, in 2025 and going into 2026, the Fed is cutting interest rates even though the data does not justify it. The Fed is simply spiking the punch bowl. In The Arora Report analysis, here is the most important point for prudent investors – momo crowd insanity can go on for a long time, driving the stock market much higher in the absence of a trigger to stop it. To complicate the situation further, history teaches a trigger often comes from nowhere and in a manner no one has foreseen. The best way to handle this situation so that you can generate wealth and protect wealth at the same time is to follow the Arora Protection Band. In yesterday’s Morning Capsule, we shared with you that China was restricting the export of rare earths to gain leverage in talks with the U. S. President Trump is considering responding. As a result, money is flowing into rare earth stocks in the early trade, including three in the Arora Portfolio: USA Rare Earth (USAR), MP Materials (MP), and Critical Metals (CRML). To put further pressure on the U. S. , China is opening an anti-trust probe into Qualcomm’s (QCOM) Autotalks deal. University of Michigan Consumer Sentiment will be released at 10am ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Nvidia (NVDA) and Tesla (TSLA). In the early trade, money flows are neutral in Alphabet (GOOG), Microsoft (MSFT), and Meta (META). In the early trade, money flows are negative in Apple (AAPL) and Amazon (AMZN). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6783 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 74 points. Gold futures are at $4003, silver futures are at $48. 26, and oil futures are at $60. 24. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AKRO, NVO By Nigam Arora NVO, the maker of weight loss drug Wegovy, is buying AKRO. The deal is for $60 per share. The deal consists of $54 per share in cash to be paid on closing and $6 per share in cash upon U. S. regulatory approval of efruxifermin drug cirrhosis. What To Do Now The stock is trading at $55. 25 as of this writing in the premarket. The contingent value rights (CVR) are likely to be illiquid and not traded. Those deciding to hold have a good probability of ultimately receiving $6 per share in share for CVR. To hold or to take profits now is a matter of personal preference. To date, 213 Arora Portfolio companies have been bought out, producing a fortune for members who routinely invest in buyout targets. Signal Limited is a Signal(s) with a great record in similar situations but does not meet all of the stringent criteria for a Signal. Typically Signal Limited has higher risk-reward compared to a Signal over the short term. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMD, CRWV, NVDA By Nigam Arora Here are the key points: NVDA is a prime target for buying by year end chasing money managers. This is a positive. NVDA appears to be engaging in circular financing with OpenAI and CRWV. This morning we shared with you the OpenAI deal with AMD. This is a negative for NVDA. Zones For those who are following the Good Way, the Buy Now rating is *** (To see the locked content, please take a 30 day free trial). For those following the Best Way, the buy zone is $*** - $***. The recommended quantity is ***% - ***%. The very long term target is $326 - $338. What To Do Now For those who recently bought NVDA, consider reducing the quantity. For those who have owned NVDA for a long time, consider continuing to hold and partially hedge as per a post this morning. Those not in the stock may consider following the parameters given above. Note: Signal(s) to enter, add, reduce, exit, hold or change. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was published on Monday on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMD, EWJ, NVDA By Nigam Arora Nigam Arora returns to the Schwab Network and offers perspectives on a wide array of topics. In this latest TV appearance, Nigam Arora explains why AMD’s move isn’t bad for NVDA, how Japan’s trade surge signals strength, and what disciplined investors should do with gold. Watch the interview for what investors need to know. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: AMD, BTCUSD, EWJ, GLD, GOLD, MARKETS, NVDA, OIL, QQQ, SILVER, SPY By Nigam Arora To gain an edge, this is what you need to know today. Challenging King Nvidia Please click here for a chart of Advanced Micro Devices stock (AMD). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of AMD stock is being used to illustrate the point. The chart shows the jump up in AMD stock on the news of the deal with OpenAI. The chart shows AMD stock is in zone 1 (resistance). The chart shows the Arora buy zone. Those who acted quickly on the Arora buy signal in the premarket have a fill on AMD and the position is profitable as of this writing. RSI on the chart shows AMD stock is overbought. Overbought stocks are susceptible to a pullback. Here are the key points about the AMD and OpenAI partnership: The partnership includes AI data centers to run on AMD chips, not Nvidia (NVDA) chips. OpenAI or its cloud computing partners will purchase 6 gigawatts of AMD chips starting next year. The chips will be used for inference and computations required for chatbots and other AI applications to respond to users. The deal is expected to bring in tens of billions of dollars of revenue to AMD over the next five years. OpenAI is to receive warrants awarded in phases for as many as 160M shares of AMD stock at $0. 01 per share. That is approximately 10% of AMD. The price of AMD stock must increase in order for the warrants to be exercised. The OpenAI AMD deal is a challenge to AI King Nvidia. In The Arora Report analysis, Nvidia will remain the king for training AI models, and AMD will make great inroads in inference. The OpenAI AMD deal is overshadowing everything else in the stock market. The U. S. government shutdown is prompting money to flow into gold and bitcoin. Please see the sections below. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Japan Sanae Takaichi is the new leader of Japan’s ruling party, the Liberal Democratic Party (LDP). She is expected to become Japan’s first female prime minister. Takaichi is known for her ultra-conservative politics. Takaichi’s plan is to strengthen ties with the U. S. and partnerships with South Korea, the Philippines, and Australia. The Japanese stock market jumped with the Nikkei 225 up over 4. 75%. Takaichi was a protege of the late Shinzo Abe. Abe’s policies are known as Abenomics. In The Arora Report analysis, Takaichi is likely to follow Abenomics with some changes. This is positive for Japan. Japan ETF EWJ is in the Core Model Portfolio in ZYX Allocation. The position is nicely profitable. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Microsoft (MSFT), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL). In the early trade, money flows are negative in Alphabet (GOOG), Meta (META), and Nvidia (NVDA). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold Gold is seeing aggressive buying and is now approaching the magnet of $4000. The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) hit an all time high over $125,000. Markets Interest rates are ticking up, and bonds are ticking down. The dollar is stronger. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6789 as of this writing. S&P 500 futures resistance levels are 7000 and 7200 : support levels are 6780, 6500, and 6256. DJIA futures are up 100 points. Gold futures are at $3953, silver futures are at $48. 02, and oil futures are at $61. 56. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, BULL, DELL, DIA, DJIA, EA, ETOR, EWY, GDX, GLD, GOLD, HOOD, HXSCL, IBKR, MARKETS, MU, NEM, NVDA, OIL, QQQ, SCHW, SILVER, SLV, SMCI, SNDK, SPX, SPY, SSNLF, STX, TBF, TBT, TSLA, TXU, USO, VRT, WDC By Nigam Arora Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report. Please scroll down for the section 'Protection Bands and What To Do Now. ' 10X STOCK MARKET RISE SINCE ARORA BACK UP THE TRUCK AND BUY SIGNAL – WHAT TO DO NOW Oct 3, 2025 To gain an edge, this is what you need to know today. Epic Bull Market Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart of SPY is a quarterly chart to give you a long term picture. The chart shows in 2007 the Arora Protection Band was at 100%. The chart shows that the stock market subsequently fell 50%. The chart shows the Arora back up the truck and buy signal was given on March 9, 2009. At the time of the signal, it was a bold call. With the benefit of hindsight, March 9, 2009 turned out to be the start of an epic bull market. The chart shows that the stock market has risen 10X since the Arora back up the truck and buy signal. Prudent investors should pay attention to the comparison between 2007, 2009, and now. Sentiment In 2007, sentiment was extremely positive. Greed was dominant, and fear did not exist. In 2009, sentiment was extremely negative. Fear was dominant, and greed did not exist. In 2025, sentiment is extremely positive. Greed is dominant, and fear is minimal. Wall Street In 2007, Wall Street was very positive and raising targets. In 2009, Wall Street was very negative and lowering targets. In 2025, Wall Street is very positive and raising targets. Momo Crowd In 2007, the momo crowd was the dominant force in buying stocks. In 2009, the momo crowd was the dominant force in selling stocks. In 2025, the momo crowd is the dominant force in buying stocks. Smart Money In 2007, smart money was selling stocks. In 2009, smart money was aggressively buying stocks. In 2025, smart money is slowing trimming stocks. Here is The Arora Report analysis: When conditions are similar to 2007, prudent investors should be 100% hedged on long positions, buying inverse ETFs, and short selling aggressively. When conditions are similar to 2009, prudent investors should be aggressively buying strategic positions. Under current market conditions, prudent investors should be holding good strategic positions, starting new strategic positions only on pullbacks, and focusing on special situations as well as tactical positions. ISM Services will be released at 10am ET and may be market moving. Due to the government shutdown, the jobs report is not available today. So far, the government shutdown has been overshadowed by massive AI deals. As an example, please see yesterday’s Morning Capsule regarding the massive memory deal. In The Arora Report analysis, if the government shutdown lasts longer, the stock market may start noticing. The plan continues to be to buy stocks on any dip. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Meta (META), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Microsoft (MSFT). In the early trade, money flows are negative in Apple (AAPL) and Alphabet (GOOG). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is l *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6768 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 41 points. Gold futures are at $3895, silver futures are at $47. 71, and oil futures are at $60. 72. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. OPENAI’S STARGATE MASSIVE MEMORY DEAL WITH KOREANS SPARKS MORE FRENZY IN AI TRADE AND OVERSHADOWS GOVERNMENT SHUTDOWN Oct 2, 2025 To gain an edge, this is what you need to know today. Stargate Memory Deal Please click here for a chart of Micron stock (MU). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of MU stock is being used to illustrate the point. The chart shows that MU stock initially fell in the premarket because its South Korean competitors announced a big deal with OpenAI, maker of ChatGPT. Micron was not included. The chart shows a huge up move in MU stock when investors realized that even though Micron was not included in the deal, memory is a commodity, and as such, Micron will benefit due to supply constraints. When supply is constrained in a commodity, prices rise and so do the profits of a company like Micron that produces the commodity. Long time members of The Arora Report are long MU stock from $21. 77. With MU stock trading at $184. 26 as of this writing in the premarket, this represents a 746% gain. For the Stargate data centers, OpenAI has signed a massive preliminary deal with two South Korean companies Samsung (SSNLF) and SK Hynix (HXSCL). In The Arora Report analysis, the deal is so massive that at its peak it will consume 40% of global DRAM production. There are three main producers of high bandwidth DRAM memory. SK Hynix is the leader with about 60% market share. Samsung and Micron (MU) have about 20% market share each. The memory deal is so massive that it triggered frenzied buying in the entire AI trade, including stocks such as Nvidia (NVDA), Vertiv (VRT), Dell Technologies (DELL), Super Micro Computer (SMCI), Sandisk (SNDK), Western Digital (WDC), and Seagate Technology (STX). The scale of the memory deal is overshadowing the negative implications of the government shutdown. The positive sentiment from the AI trade and blind money lifted the entire stock market after a lower open yesterday on the government shutdown. South Korean stocks hit a record high. ZYX Emerging by The Arora Report has covered South Korea continuously for 18 years. The position in South Korea ETF (EWY) is very profitable. The Arora Report recently gave a signal to take partial profits in EWY, taking advantage of the strength. The initial jobless claims data is not available due to the government shutdown. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Alphabet (GOOG), Meta (META), Tesla (TSLA), and Apple (AAPL). In the early trade, money flows are negative in Microsoft (MSFT). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates and bonds are range bound. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6779 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 12 points. Gold futures are at $3909, silver futures are at $47. 60, and oil futures are at $61. 49. HEDGE AMERICA TRADE SPEEDS UP ON GOVERNMENT SHUTDOWN, PLAN TO BUY ANY BIG DROP, BLIND MONEY BUYING AHEAD Oct 1, 2025 To gain an edge, this is what you need to know today. Hedge America Trade Please click here for a chart of gold ETF (GLD). Note the following: The chart of GLD is a monthly chart to give you a long term picture. The chart shows a parabolic move up in gold. The chart shows resistance is at zone 1. Zone 1 is also the magnet for traders. Gold is moving up again on the government shutdown. In The Arora Report analysis, gold has become the quintessential hedge America trade. Foreigners do not want to buy U. S. stocks, but to participate in the AI revolution, foreigners have no choice but to buy U. S. stocks. The solution foreigners have found is to hedge their U. S. holdings with gold. Foreigners’ main concerns are the $37T debt, continued deficit spending, dysfunction in Washington DC, and tariffs. Healthcare subsidies are at the heart of the government shutdown. Here are the key points: Some of the subsidies for the Affordable Care Act (ACA) are going to expire at the end of the year. The subsidies that are expiring are enhanced subsidies that lower premiums by imposing a cap on premiums as a percentage of income. Out of 24. 3M people with ACA coverage, 22. 4M receive subsidies. President Trump says that Democrats want $1T in spending on healthcare over the next 10 years. There are also differences between Republicans and Democrats on subsidies for immigrants. For investors, The Arora Report’s call is to buy if there is a substantial dip in the stock market. The plan is to lower the Arora Protection Band on a 4% - 7% dip in the stock market. Expect blind money to flow into the stock market today and tomorrow. Blind money is the money that flows into the stock market on the first two days of the month without any analysis irrespective of market conditions. ADP is the largest private payroll processor in the country. ADP uses its data to provide a glimpse of the official jobs report that is scheduled to be released on Friday at 8:30am ET. The official jobs report could be delayed if an agreement is not reached in time. ADP employment change came at -32K vs. +40K consensus. This indicates employment is weakening faster than anticipated. A weakening employment picture is consistent with data showing weakening consumer confidence. The Conference Board’s Consumer Confidence Index came at 94. 2 vs. 96. 0 consensus. There are always crosscurrents in the markets. JOLTS job openings data was stronger than expected. JOLTS data came at 7. 227M vs. 7. 2M consensus. In The Arora Report analysis, unless the official jobs report is strong and inflation data is hotter, there is now a 90% probability of a rate cut in October. ISM Manufacturing Index will be released at 10am ET and may be market moving. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are negative in Apple (AAPL), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are neutral in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil API crude inventories came at a draw of 3. 674M barrels vs. a previous draw of 3. 821M barrels. The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6712 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 148 points. Gold futures are at $3912, silver futures are at $47. 56, and oil futures are at $61. 99. SMALL TRADERS GET A LICENSE TO LOSE MONEY – ROBINHOOD TO BENEFIT, UNEXPECTED BANKRUPTCIES – EXPECT MORE Sep 30, 2025 To gain an edge, this is what you need to know today. License To Lose Please click here for a chart of Robinhood stock (HOOD). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of HOOD stock is being used to illustrate the point. The chart shows a mad rush to buy Robinhood stock. Robinhood is a broker that primarily caters to younger and smaller investors. Robinhood will be the prime beneficiary of the new license to lose money that small traders are about to receive. Other brokers that will benefit include Schwab (SCHW), Interactive Brokers (IBKR), Webull (BULL), and eToro (ETOR). Back in 2000, a large number of day traders, especially smaller traders, went bankrupt and brokers were exposed to large risks. This resulted in Pattern Day Trading (PDT) regulation. The regulation requires that when a trader executes four or more day trades in five business days in a margin account and those trades are more than 6% of the trading activity, the account is marked as PDT. PDT is required to maintain a minimum of $25K. When the balance falls below $25K, no new day trades are allowed. PDT has been very successful in preventing small unsophisticated traders from quickly blowing their accounts. In The Arora Report analysis, over 99% of small day traders lose money. PDT saved small day traders from themselves. After removal of PDT, small day traders will be one of the most lucrative segments for stock brokers because these traders are not sophisticated and usually use market orders. These traders are also heavy users of options and primarily buy highly risky stocks that pumps happen to be pumping at the moment. Market orders and option orders are most lucrative for brokers. FINRA’s removal of PDT still needs the SEC’s approval. The SEC is expected to approve it. In addition to the removal of PDT being highly profitable for stock brokers, the advances in technology since 2001 will make it easier to apply regular margin requirements in real time, thus eliminating risk for the brokers. There has always been a philosophical conflict between those who want to protect small investors from losses and those who believe the government has no role in protecting small investors. In The Arora Report analysis, in the bigger picture, the removal of PDT is a sign of extreme positive sentiment and a belief that markets are only a one way street that leads to riches – no protection is needed. In The Arora Report analysis, prudent investors need to be cautious when there is no fear, like right now, and be aggressive buyers when there is a lot of fear of losses. A great example is The Arora Report’s signal on March 9, 2009 to back up the truck and buy stocks at a time when the sentiment was at extreme negative and fear was at the maximum. Hindsight tells us that March 9, 2009 happened to be the exact bottom from which the long bull market started. In contrast, right now, there is no fear, and greed is at a maximum. Prudent investors should note that in the middle of all the bullishness, recently, two large companies unexpectedly filed for bankruptcy. The companies filing for bankruptcy are auto parts company First Brands and used car dealer Tricolor. The stock market is oblivious to these bankruptcies. In The Arora Report analysis, more unexpected bankruptcies are ahead, especially where subprime credit is involved. No amount of AI is going to solve the pressure lower income consumers are facing. As a matter of fact, as AI eats jobs, the pressure on lower income consumers is going to get worse. Consumer confidence and JOLTS job openings will both be released at 10am ET. The data may be market moving. Quarter end rebalancing will occur later today. Today is also the last day of window dressing. Window dressing is exerting upward pressure on stocks, whereas rebalancing will likely exert downward pressure. Investors will also be watching progress on avoiding a government shutdown. If no agreement is reached, the government will shut down tomorrow. If stocks fall on a government shutdown, the tentative plan is to buy. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Nvidia (NVDA). In the early trade, money flows are neutral in Amazon (AMZN), Alphabet (GOOG), Meta (META), and Microsoft (MSFT). In the early trade, money flows are negative in Apple (AAPL) and Tesla (TSLA). In the early trade, money flows are neutral in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6707 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are down 64 points. Gold futures are at $3847, silver futures are at $46. 37, and oil futures are at $62. 41. GOLD SOARS ON SHUTDOWN FEARS BUT PHYSICAL DEMAND WEAKENS, BUYING STOCKS FOR WINDOW DRESSING BUT REBALANCING AHEAD Sep 29, 2025 To gain an edge, this is what you need to know today. Gold Soars Please click here for a chart of gold ETF (GLD). Note the following: The chart shows gold is soaring to a new high. The chart shows zone 1 (resistance) is the magnet. The chart shows zone 2 (support) is not far below. RSI on the chart shows gold is overbought and vulnerable to a pullback. More importantly, RSI is showing a divergence. A divergence often foretells a pullback unless there is macro news. Prudent investors should note the following: This leg up in gold is being primarily driven by investors new to gold. Most of these new investors have never owned gold before and have traditionally been crypto buyers and part of the stock market momo crowd. Investors new to gold are blindly buying, attracted by the magnet shown as zone 1 on the chart. In contrast to investors new to gold, long time members of The Arora Report are long gold from the cycle lows near $1000. Newer members to The Arora Report also have very large gains on gold as they bought gold in the Arora buy zones. Gold ETF (GLD) is in the ZYX Allocation Model Portfolio, and silver ETF (SLV) and gold miner Newmont (NEM) are in the ZYX Buy Core Model Portfolio. All three positions have large gains. The Arora Report ratings on silver and gold have consistently been spot on for the last 18 years. The Arora Report's gold ratings are used by individual investors, money managers, hedge funds, bullion dealers, and jewelers all across the globe. The Arora Report’s gold ratings are accessible from the main menu in the Real Time Feed. It appears that investors who have been buying gold all along are no longer buying gold. This pattern is similar to the pattern seen in 2011. After giving repeated signals to back up the truck and buy gold when gold was in the $600 range, in 2011 when gold reached $1904, The Arora Report gave a signal to sell 50% of the gold position and put a stop on the remaining 50% at $1857. Gold topped the same day the Arora sell signal was given. Gold subsequently fell close to $1000. As investors new to gold rush to buy gold, gold ETFs, and gold futures, they are oblivious that the demand for physical gold is weakening, especially in India and China. India and China are the biggest consumers of physical gold. From our sources, physical gold is being sold at as much as a $40 discount due to weak demand. The rise in gold this morning is being triggered by fears that the U. S. government will shut down. In contrast to gold, stock market investors are not concerned about the possible government shutdown. Here is what prudent investors need to know about the possible government shutdown: Historically, Democrats and Republicans reach a deal at the last minute. In The Arora Report analysis, if the stock market drops on a government shutdown, it will be a buying opportunity. This is the end of the quarter. This morning, window dressing related buying in the stock market is very aggressive. In window dressing, some money managers buy the best performing stocks of the quarter and sell the weakest stocks of the quarter. The purpose is to show their clients in the quarter end reports that they were holding the best performing stocks. In The Arora Report analysis, prudent investors should not get carried away with window dressing buying because quarter end rebalancing is ahead. Further, in The Arora Report analysis, quarter end rebalancing will result in selling stocks by those who are rebalancing. In a sign of the times, the largest buyout by private equity ever has just taken place. The buyout is of video game maker Electronic Arts (EA) for $55B. The Arora Report had identified EA as a buyout target a long time ago. EA is in the ZYX Buy Core Model Portfolio, long from $20. 74. This represents a gain of 913% for members of The Arora Report. EA is the 212th Arora Portfolio company to be bought out. The prior largest buyout was for $45B for Texas power company (TXU) in 2007. The stock market crashed in 2008. In 2007, sentiment was extremely positive and liquidity was very high, just as it is now in 2025. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Meta (META), and Tesla (TSLA). In the early trade, money flows are neutral in Apple (AAPL). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil There are rumors that OPEC+ will increase production by 137K barrels. This is bearish for oil. The momo crowd is *** oil in the early trade. Smart money is *** oil in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is range bound. Markets Interest rates are ticking down, and bonds are ticking up. The dollar is weaker. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6733 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 204 points. Gold futures are at $3843, silver futures are at $46. 85, and oil futures are at $64. 53. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- - Categories: 0 - Tags: BTCUSD, GOLD, MARKETS, OIL, QQQ, SILVER, SPX, SPY By Nigam Arora To gain an edge, this is what you need to know today. Epic Bull Market Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart of SPY is a quarterly chart to give you a long term picture. The chart shows in 2007 the Arora Protection Band was at 100%. The chart shows that the stock market subsequently fell 50%. The chart shows the Arora back up the truck and buy signal was given on March 9, 2009. At the time of the signal, it was a bold call. With the benefit of hindsight, March 9, 2009 turned out to be the start of an epic bull market. The chart shows that the stock market has risen 10X since the Arora back up the truck and buy signal. Prudent investors should pay attention to the comparison between 2007, 2009, and now. Sentiment In 2007, sentiment was extremely positive. Greed was dominant, and fear did not exist. In 2009, sentiment was extremely negative. Fear was dominant, and greed did not exist. In 2025, sentiment is extremely positive. Greed is dominant, and fear is minimal. Wall Street In 2007, Wall Street was very positive and raising targets. In 2009, Wall Street was very negative and lowering targets. In 2025, Wall Street is very positive and raising targets. Momo Crowd In 2007, the momo crowd was the dominant force in buying stocks. In 2009, the momo crowd was the dominant force in selling stocks. In 2025, the momo crowd is the dominant force in buying stocks. Smart Money In 2007, smart money was selling stocks. In 2009, smart money was aggressively buying stocks. In 2025, smart money is slowing trimming stocks. Here is The Arora Report analysis: When conditions are similar to 2007, prudent investors should be 100% hedged on long positions, buying inverse ETFs, and short selling aggressively. When conditions are similar to 2009, prudent investors should be aggressively buying strategic positions. Under current market conditions, prudent investors should be holding good strategic positions, starting new strategic positions only on pullbacks, and focusing on special situations as well as tactical positions. ISM Services will be released at 10am ET and may be market moving. Due to the government shutdown, the jobs report is not available today. So far, the government shutdown has been overshadowed by massive AI deals. As an example, please see yesterday’s Morning Capsule regarding the massive memory deal. In The Arora Report analysis, if the government shutdown lasts longer, the stock market may start noticing. The plan continues to be to buy stocks on any dip. As an actionable item, the sum total of the foregoing is in the Arora Protection Band, which strikes the optimum balance between various crosscurrents. Please scroll down to see the Arora Protection Band. The Arora Protection Band is one of the large number of unique edges that are available to members of The Arora Report. Magnificent Seven Money Flows Most portfolios are now heavily concentrated in the Mag 7 stocks. For this reason, to get ahead and get an edge, investors need to dig below the surface of the Mag 7 stocks. It is equally important to rise above the noise of daily news on the Mag 7 stocks. The best way to get an edge, dig below the surface, and rise above the noise of the daily news is to pay attention to early money flows in the Mag 7 stocks on a daily basis. When there is significant news in the Mag 7 stocks that rises above the threshold of noise and impacts your entire portfolio, it is covered in the main section above. In the early trade, money flows are positive in Amazon (AMZN), Meta (META), Nvidia (NVDA), and Tesla (TSLA). In the early trade, money flows are neutral in Microsoft (MSFT). In the early trade, money flows are negative in Apple (AAPL) and Alphabet (GOOG). In the early trade, money flows are positive in S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ). Momo Crowd And Smart Money In Stocks The momo crowd is *** (To see the locked content, please take a 30 day free trial) stocks in the early trade. Smart money is *** in the early trade. Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling. Over a long period of time, investors come out ahead by adopting smart money’s ways. The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money. Smart money is an important indicator but is only one of hundreds of indicators that go into determining the Arora Protection Band and signals. Please click here and here to understand how signals are generated. Very Very Short-Term Indicator The Arora Report’s proprietary very, very short-term early stock market indicator is ***. This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades. Gold The momo crowd is *** gold in the early trade. Smart money is *** in the early trade. For longer-term, please see gold and silver ratings. Oil The momo crowd is *** in oil in the early trade. Smart money is *** in the early trade. For longer-term, please see oil ratings. Bitcoin Bitcoin (BTC. USD) is seeing buying. Markets Interest rates and bonds are range bound. The dollar is range bound. Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens. S&P 500 futures are trading at 6768 as of this writing. S&P 500 futures resistance levels are 6780, 7000, and 7200 : support levels are 6500, 6256, and 6131. DJIA futures are up 41 points. Gold futures are at $3895, silver futures are at $47. 71, and oil futures are at $60. 72. Arora Protection Band And What To Do Now It is important for investors to look ahead and not in the rearview mirror. The proprietary Arora Protection Band from The Arora Report is very popular. The Arora Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors. Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding *** in cash, Treasury bills, short term fixed income, or allocated to short-term tactical trades; and short to medium-term hedges of ***, and short term hedges of ***. This is a good way to protect yourself and participate in the upside at the same time. You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges. A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling. It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market. Traditional 60/40 Portfolio Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time. Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time. To take a free 30-day trial to paid services to gain access to more opportunities, please click here. This post was just published on ZYX Buy Change Alert. (To see the locked content, please take a 30 day free trial) Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 1% of the content from our paid services... . TO RECEIVE REMAINING 99%, INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES AND SIGNALS IN REAL TIME, TAKE A FREE TRIAL TO PAID SERVICES. The Arora Report is one of the only major global investment newsletters that does not employ a single salesperson—because it does not need to. While competitors rely on high-pressure sales tactics, The Arora Report grows purely through results, with satisfied members recommending it to their family and friends. Join the service that investors trust the most and recommend to family and friends. Please click here to take advantage of a FREE 30 day trial. Nigam Arora Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing. --- ---